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Hydroelectricity Deal between Hydro-Québec and Newfoundland and Labrador Hydro

Sector: Power Generation (CCGT) • Location: St. John's, Newfoundland and Labrador, Canada

Source: CollingwoodToday

Project
Negotiation

A proposed energy deal involving a memorandum of understanding signed in December to end a 1969 contract allowing Hydro-Québec to buy most energy from the Churchill Falls power plant at low prices. The new draft deal would have Hydro-Québec pay about $33.8 billion over 50 years and partner on new developments along the Churchill River.

Status
Prospective
Sector
Power Generation (CCGT), Hydro, Government
Location
St. John's, Newfoundland and Labrador, Canada
Updated
22 Jul 2026
Source
CollingwoodToday

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Project Information

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The project “Hydroelectricity Deal between Hydro-Québec and Newfoundland and Labrador Hydro” is an infrastructure initiative in the Power Generation (CCGT) sector, located in St. John's, Newfoundland and Labrador, Canada. Taiyo aggregates data on it from CollingwoodToday.

Participants

Sponsoring Agency

Status

Original status

negotiation

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A proposed energy deal involving a memorandum of understanding signed in December to end a 1969 contract allowing Hydro-Québec to buy most energy from the Churchill Falls power plant at low prices. The new draft deal would have Hydro-Québec pay about $33.8 billion over 50 years and partner on new developments along the Churchill River.

Original sector

Energy

Budget

Location

Country

Canada

State

Newfoundland and Labrador

City

St. John's

Source

Source

CollingwoodToday

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Hydro, Government

Article published date

2025-09-16

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