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
Maine’s Public Utilities Commission (PUC) gave the green light to the New England Clean Energy Connect (NECEC) project. This project consists in the construction of a transmission line to send Hydro-Québec’s energy to Massachusetts under agreements signed with the state’s electric distribution companies.
In a 3-0 vote, the PUC’s commissioners chose to issue the Certificate of Public Convenience and Necessity, concluding the project will generate significant benefits for the state of Maine. They also highlighted NECEC’s environmental advantages, since the energy transmitted over the line would help reduce the burning of fossil fuels in the region.
"This is an important milestone," says Éric Martel, President and CEO of Hydro-Québec. “After a thorough analysis, the Commission’s decision recognizes the project’s benefits, both economic and environmental.”
Other authorizations required for the NECEC include one from Maine’s Department of Environmental Protection and the Presidential Permit from the United States Department of Energy.
Lynn St-Laurent
Public Affairs and Media
Hydro-Québec
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
June 2, 2026, General news
Hydro-Québec – Issue of Debentures Due February 15, 2065 on the Canadian Market
June 1, 2026, General news
Hydro Québec now supplying electricity to part of the New York metropolitan area