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August 28, 2015 9:30 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Hydro-Quebec

Company Overview

Hydro-Québec generates, transmits, and distributes electricity to residential, commercial, institutional, industrial, and other customers in Canada. The company operates in four segments: Generation, Transmission, Distribution, and Construction. The Generation segment develops and operates generating facilities; and sells electricity on external markets, as well as engages in arbitraging transactions. This segment’s generating fleet comprises 61 hydroelectric and 1 thermal generating station with an installed capacity of 36.5 gigawatts; and 27 reservoirs with a combined storage capacity of 176 terawatthour, as well as 668 dams and 98 control structures. The Transmission segment develops and ...

75, boulevard René-Lévesque Ouest

20e étage

Montreal, QC H2Z 1A4




Key Executives for Hydro-Quebec

Chief Executive Officer and President
Chief Executive Officer of Société D'énergie De La Baie James, President of Société D'énergie De La Baie James and President of Hydro-Québec Équipement Et Services Partatgés
President of Hydroquébec Transénergie
Age: 64
President of Hydro-Québec Production
President of Hydro-Québec Distribution
Compensation as of Fiscal Year 2015.

Hydro-Quebec Key Developments

Hydro-Québec Announces Launch of Proposals to Build Wind Farm with Capacity of 6 MW in the Îles-de-la-Madeleine

Hydro-Québec announced the launch of a request for proposals to build a wind farm with a capacity of 6 MW in the Îles-de-la-Madeleine. The farm's generation capacity will be integrated into the off-grid system of the Îles-de-la-Madeleine. The community will be directly involved in the project. Hydro-Québec Distribution will initiate a series of requests for proposals to meet the needs of off-grid systems. The objective is to reduce the overall cost of electricity generation as well as its environmental footprint. For the Îles-de-la-Madeleine project, Hydro-Québec will look for a promoter who will develop, build and operate the wind farm, use proven technology, and enter into a 20-year electricity supply contract. Electricity delivery is planned for fall 2018.

Eric Martel Joins as New President of Hydro-Quebec

Former Bombardier Inc. executive Eric Martel has been appointed the new president of Hydro-Quebec. Martel was president of Bombardier's business aircraft division and left that post May 18. He is replacing Thierry Vandal, who left the company in January after 10 years as president and CEO.

Hydro-Quebec Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Hydro-Quebec reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of CAD 4,600 million against CAD 4,616 million a year ago. Operating results was CAD 2,392 million against CAD 2,354 million a year ago. Net result was CAD 1,788 million against CAD 1,750 million a year ago. Net cash from operating activities was CAD 1,030 million against CAD 647 million a year ago. Additions to property, plant and equipment was CAD 585 million against CAD 707 million a year ago. Additions to intangible assets were CAD 27 million against CAD 33 million a year ago.

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