Where is Hydro-Québec headquartered?
Hydro-Québec is headquartered in Montreal, Quebec. It is a Canadian Crown corporation that manages the generation, transmission and distribution of electricity across the province.
Questions about Hydro-Québec
Short answers, pulled from the story.
When was Hydro-Québec founded?
Hydro-Québec was established in 1944 as a Crown corporation of the government of Quebec. It was created through the expropriation of private power firms, including Montreal Light, Heat & Power and its subsidiary, Beauharnois Power.
How much electricity does Hydro-Québec generate?
Hydro-Québec operates 63 hydroelectric power stations with a combined output capacity of 37,370 megawatts. More than 40 percent of Canada's water resources are located in Quebec.
How much did Hydro-Québec pay in dividends in 2023?
Hydro-Québec paid 2.47 billion dollars in dividends in 2023 to its sole shareholder, the Government of Quebec. Under a 1981 amendment, the company can pay out up to 75 percent of its net earnings as dividends.
What caused the major power outages in Hydro-Québec's history?
In 1988, an equipment failure at a North Shore substation cut power across Quebec and parts of New England and New Brunswick. The March 1989 geomagnetic storm caused a nine-hour blackout, and the 1998 ice storm left up to 1.4 million customers without power for as long as five weeks.
Who designed the Hydro-Québec logo?
The Montreal design agency Gagnon/Valkus designed the Hydro-Québec logo in 1960. It is a stylized letter Q formed from a circle and a lightning bolt.