Hydro-Quebec’s US$137bil power plan is drawing attention


Sabia is pitching what he calls an “Action Plan” that may amount as much as C$185bil (US$137bil) to build new power generation capacity and improve transmission reliability by 2035. — Bloomberg

MONTREAL: The head of Hydro-Quebec says he’s confident the state-owned utility will find investors to back a massive expansion of a provincial electrical grid that’s expected to cost well over US$100bil.

Chief executive officer Michael Sabia is pitching what he calls an “Action Plan” that may amount as much as C$185bil (US$137bil) to build new power generation capacity and improve transmission reliability by 2035.

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