NU E Power to appoint Hodgson as director

Executive Summary

• NU E Power Corp. announces it has surpassed 1 GW of global hybrid power capacity in its development portfolio.
• The company announces the appointment of veteran energy financier Eugene Hodgson to its Board of Directors, effective after the Annual General Meeting on Dec. 18, 2025.
• NU E details the strategic expansion of its Alberta development program with "Lethbridge two" and "Lethbridge three" projects, following the successful commissioning of Lethbridge one.

Key Details

• Capacity Milestone: The company has surpassed one gigawatt (1 GW) of global hybrid power capacity across its development portfolio.
• Board Appointment: Eugene Hodgson joins the Board of Directors following the AGM on Dec. 18, 2025.
  • Hodgson brings over 30 years of senior leadership in energy infrastructure, structured finance, and public-private partnerships.
  • Former Vice-President (Western Region) of Corpfinance International Ltd., specializing in green power and complex infrastructure structuring.
  • Served on boards of TSX and NYSE-listed companies including Timmins Gold Corp., Sea Breeze Power Corp., and Silvermex Resources Inc.
  • Involved in renewable and transmission development initiatives representing several hundred megawatts of capacity.
• Alberta Expansion (Lethbridge Two & Three):
  • Location: Approximately two kilometres south of the Lethbridge Airport.
  • Strategy: Hybrid renewable development strategy.
  • Expected Output: Approximately 327,000 megawatt-hours (MWh) annually.
  • Carbon Offset: Approximately 135,000 tonnes per year.
  • Status: Advanced through rigorous environmental, noise, glare, and community impact reviews.
  • Context: These sites follow the successful commissioning of Lethbridge one, establishing NU E as a multistage renewable and hybrid energy developer in a fast-growing power corridor.
• Strategic Positioning: NU E is positioning itself at the intersection of AI/high-density compute, grid/community power, hybrid generation (solar, gas, grid, storage), and digital energy monetization.

Notable Quotes

• Eugene Hodgson: "NU E Power has reached a pivotal moment, crossing the one-gigawatt threshold and establishing a truly global hybrid power platform. I'm honoured to be shortly joining the board at a time when the company is scaling across continents and delivering the reliable, adaptable energy that the digital and traditional economies increasingly depend on. NU E's vision -- building the power that powers everything -- aligns strongly with where the world is headed, and I look forward to supporting the team as we execute on the next phase of growth."