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May 03, 2015 11:11 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

Acting Chief Executive Officer, Acting President and Vice President of Accounting and Control
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: 63
President of Hydro-Québec Production
President of Hydro-Québec Distribution
Compensation as of Fiscal Year 2014.

Hydro-Quebec Key Developments

Hydro-Québec Announces Appointment of Lise Croteau as Acting President and CEO, Effective May 2, 2015

Hydro-Québec's Board of Directors has appointed Lise Croteau as Acting President and Chief Executive Officer effective May 2, 2015. Ms. Croteau, who currently serves as Vice President – Accounting and Control at the company, will ensure the continuity of business while the Board completes the process of recruiting a new candidate to fill the position of CEO. Since joining the company in 1986, Ms. Croteau has acquired solid management experience and knowledge of the company's activities.

Hydro-Quebec Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2014

Hydro-Quebec reported unaudited consolidated earnings results for the year ended December 31, 2014. For the period, net result of CAD 3,380 million compared to CAD 2,942 million a year ago. Result from continuing operations was CAD 3,380 million compared to CAD 2,938 million a year ago. Return on equity from continuing operations was 16.2% against 14.6% a year ago. Net cash flow from operating activities was CAD 5,623 million against CAD 5,017 million a year ago. Additions to property, plant and equipment was CAD 3,680 million against CAD 4,055 million a year ago. Additions to intangible assets were CAD 238 million against CAD 280 million a year ago.

Hydro-Quebec Reports Earnings Results for the Year Ended December 31, 2014

Hydro-Quebec reported earnings results for the year ended December 31, 2014. For the period, revenue of CAD 13.64 billion, compared to CAD 12.88 billion for the year ended December 31, 2013. Operating result for the year ended December 31, 2014 was CAD 5.81 billion, compared to CAD 5.37 billion for the year ended December 31, 2013.

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