The way we're structured is that every company listed there is a subsidiary of Newfoundland and Labrador Hydro. Two of the companies are partially owned by Newfoundland and Labrador Hydro. When Iron Ore Company of Canada first started, there was no upper Churchill, and they were getting their power from Twin Falls. Because we could divert the water from Twin Falls and make more money at the upper Churchill many years ago, they closed Twin Falls and sent the water to the upper Churchill. But that company stays in place because the upper Churchill sells power to TwinCo, which goes to IOC. But it's a subsidiary company that we have an ownership in.
CFLCo is a company of which we own 65%. Hydro-Québec owns the other 35%. Newfoundland and Labrador Hydro operates the company.
