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New York State backs long-term Canadian hydropower project

04/14/2022

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2022.04.14 22:50

New York State backs long-term Canadian hydropower project

(Reuters) – New York State on Thursday approved a multi-billion-dollar, long-term project by Montreal-based public utility Hydro-Quebec to deliver hydropower to parts of New York City.

Hydro-Quebec said its U.S. partner, Transmission Developers Inc, will begin construction of the Champlain Hudson (NYSE:HUD) Power Express line in summer 2022 to supply hydropower. Commissioning of the line is scheduled for 2025, it added.

04/14/2022

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