Hydro-Québec plans a $185bn strategy to wean Quebec off fossil fuels, focusing on new clean-power generation facilities and improved grid reliability.

Hydro-Québec plans a $185bn strategy to wean Quebec off fossil fuels, involving new clean-power generation facilities and improved grid reliability. The utility aims to spend $110bn by 2035 on new facilities and $50bn to enhance grid reliability. The ambitious plan has attracted significant attention in financial markets, with CEO Michael Sabia confident in finding investors to back the expansion.

February 21, 2024
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