March 4, 2026, General news
Hydro-Québec – Issue of Debentures Due February 15, 2065 on the Canadian Market
- Nord-du-Québec, May 13, 2025
The energy transition in Nunavik - A collaboration agreement and two new wind power projects
The energy transition is gaining momentum in Nunavik, as highlighted by two major announcements.
First, Makivvik and Hydro-Québec have signed a collaboration agreement aimed at strengthening their relationship and fostering economic development in Nunavik. The partnership aligns with Hydro-Québec’s Strategy for Economic Reconciliation and to Strengthen Relations with First Nations and Inuit.
Marking a significant step to build stronger ties with the Inuit and support the sustainable development of their communities, the agreement includes the creation of a monitoring committee whose members will draft an action plan that reflects Inuit realities. The plan will consider partnership and investment opportunities in energy projects, the decarbonization of northern villages and economic and social benefits for the Inuit.
Quaqtaq and Puvirnituq: two new wind energy projects
Second, two wind energy projects set out in the 2021 framework agreement between Hydro-Québec and Tarquti Energy Corporation will get underway now that the initial electricity supply contracts have been signed.
The projects will contribute to the decarbonization of the northern villages of Quaqtaq and Puvirnituq and improve the quality of life of these Inuit communities. They will provide renewable energy to meet approximately 60% of the two villages’ electricity needs. Over 25 years, the initiatives will save 96 million litres of diesel and reduce greenhouse gas emissions by 253,000 tonnes of CO2.
“This strengthened collaboration with Hydro-Québec is a meaningful step for our community. It will enable us to work together on Inuit priorities. We are very eager to see the positive impacts of this partnership.”
Pita Aatami
President of Makivvik
“I am honoured and proud to be part of an important milestone for Nunavik and all the Inuit organizations involved in moving forward toward clean energy. As a proud partner in Tarquti Energy, Ilagiisaq-FCNQ is committed to leading the energy transition to a greener and more sustainable future in Nunavik. Today’s historic signing of two power purchase agreements between Tarquti, our community partners and Hydro-Québec marks our first step toward fighting climate change by developing renewable energy projects in Quaqtaq and Puvirnituq.”
Kulu Tukalak
Chairman of Ilagiisaq - FCNQ and Director of the Board of Tarquti Energy
“The signing of this agreement and contracts with Tarquti Energy Corporation is a key step in our economic reconciliation process. We are determined to strengthen our relationship with the Inuit and work closely together to develop sustainable energy solutions. This collaboration is essential to achieve our decarbonization goals and ensure prosperity for all Quebecers.”
Michael Sabia
President and Chief Executive Officer of Hydro-Québec
Contacts
Lynn St-Laurent
Advisor – Public Affairs and Media
Hydro-Québec
Carson Tagoona
Director of Communications
Makivvik
Laina Grey
Community Engagement Coordinator
Tarquti Energy