Alaska Hydro Corporation
Board of Directors:
Clifford "Cliff" Grandison
Chairman, Interim President & CEO
Cliff Grandison is a Chartered Accountant with extensive experience in hydroelectric project development and project finance.
Mr. Grandison was a founder and President of Coast Mountain Hydro Corporation, which initiated the Forrest Kerr Hydroelectric Project and advanced development of the nearby McLymont Creek project. In 2006, NovaGold Resources acquired Coast Mountain Power Corporation and its subsidiaries at a reported total valuation of C$60 million, encompassing hydroelectric projects and transmission rights. NovaGold subsequently sold the portfolio to AltaGas in 2008, receiving C$38.7 million in cash proceeds. AltaGas later constructed the 195 MW Forrest Kerr and 66 MW McLymont Creek generating facilities.
Previously, Mr. Grandison held senior executive positions with Skyline Gold Corporation and Placer Dome. He holds a Bachelor of Arts in Mathematics and Economics from the University of British Columbia.
Cliff Grandison is a Chartered Accountant with extensive experience in hydroelectric project development and project finance.
Mr. Grandison was a founder and President of Coast Mountain Hydro Corporation, which initiated the Forrest Kerr Hydroelectric Project and advanced development of the nearby McLymont Creek project. In 2006, NovaGold Resources acquired Coast Mountain Power Corporation and its subsidiaries at a reported total valuation of C$60 million, encompassing hydroelectric projects and transmission rights. NovaGold subsequently sold the portfolio to AltaGas in 2008, receiving C$38.7 million in cash proceeds. AltaGas later constructed the 195 MW Forrest Kerr and 66 MW McLymont Creek generating facilities.
Previously, Mr. Grandison held senior executive positions with Skyline Gold Corporation and Placer Dome. He holds a Bachelor of Arts in Mathematics and Economics from the University of British Columbia.
Matthew Bell is a Tlingit from Kake, Alaska, with extensive experience in Indigenous business leadership, energy development, construction and public service.
Mr. Bell served on the Board of Directors of Kake Tribal Corporation from 1997 to 2010 and held leadership positions as President of Kwaan Power & Energy LLC, Kake Tribal Fuel Corporation and Kwaan Construction LLC. His public service includes membership on the Kake City Council and the Planning Commission for the City and Borough of Juneau, Alaska.
Mr. Bell has served on Alaska Hydro Corporation's Board of Directors since 2011.
Mr. Russell Ker has served on Alaska Hydro Corporation's Board of Directors since 2019. A Chartered Accountant, he brings extensive business experience, sound commercial judgment and a strong understanding of British Columbia's business environment.
Mr. Ker serves on the Company's Audit, Compensation, and Governance and Nominating Committees.
A graduate of the University of British Columbia, Mr. Donnelly has held senior roles in consulting, finance and corporate development. His experience includes Deloitte's energy and natural resources practice, a leadership role as an advisor to portfolio companies with a Europe-based private equity group, and Powerex, the energy trading subsidiary of BC Hydro, in Vancouver.
Mr. Donnelly is a strong advocate for systems-level thinking. Having experience with Powerex, which markets and trades energy from British Columbia's (largely hydroelectric) generation portfolio, Mr. Donnelly has a deep appreciation for the flexibility and system value of More Creek that cannot be replicated by intermittent and non-firm generating sources.
Mr. Donnelly's skills, experience and knowledge of power markets across the Western Interconnection will benefit the Company's plans for hydroelectric generation.