June 5, 2026, General news
Hydro-Québec announces net income of $1,850 million for the first quarter of 2026 and a historic high in investments
Hydro-Québec’s President and CEO, Éric Martel, and the Québec Minister of Energy and Natural Resources, Jonatan Julien, announced today the commissioning of new transmission facilities built as part of the 735-kV Chamouchouane–Bout-de-l’Île project.
“These new facilities will allow us to meet growing demand in southern Québec while ensuring the reliability of the entire grid. We’re seeing a major construction site come to a close: the largest 735-kV line project built in the north–south axis in 25 years. Over 1,250 people have participated in the construction of some 1,000 towers since 2016,” said Éric Martel.
"I'm very proud to inaugurate these new facilities. This project is of paramount importance to our government. Reinforcing the power system aligns perfectly with our vision for the electrification of Québec's economy. The project has also resulted in $1.1 billion in economic spinoffs in specialized services and the purchase of goods and materials in the province," said Jonatan Julien.
The project’s three components include:
Some figures for the Chamouchouane–Bout-de-l’Île project:
Thanks to these new facilities, power losses on the Hydro-Québec transmission system will decrease considerably, whereas operating flexibility will increase, and this, to the benefit of all customers.
Maxence Huard-Lefebvre
Media Relations
June 5, 2026, General news
Hydro-Québec announces net income of $1,850 million for the first quarter of 2026 and a historic high in investments
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