Montréal, March 9, 2017
Press Release
Northern Pass line: Hydro-Québec has no intention to abandon the project
With a view to openness and transparency, we contacted the journalist Jean-Nicholas Blanchet yesterday to explain once again Hydro-Québec’s participation in the Northern Pass line project. Mr. Blanchet’s conclusions from our conversation remain erroneous. Hydro-Québec has absolutely no intention to abandon the project.
Hydro-Québec wishes to reiterate the position we shared with numerous Québec media on Wednesday:
- Hydro-Québec will not pay for the line in the U.S.
- Hydro-Québec will make sure this project is profitable for Quebecers.
We firmly believe in the strength of our alliance with our American partner, Eversource. We intend to submit this project to the request for proposals the state of Massachusetts will be issuing soon. This project will benefit both Québec and the New England states.
Year to year, Hydro-Québec seizes business opportunities on export markets, which form a large part of its profits, for the benefit of Quebecers as a whole.