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Energy Talks ‘Full Steam Ahead’ Despite Hydro‑Québec Chief’s New Gig: N.L. Hydro

Michael Sabia, president of Hydro-Québec, announced he will resign to assume the role of the federal government's top bureaucrat, starting July 7, 2025.
Sabia’s departure follows ongoing negotiations to replace the 1969 contract where Hydro-Québec bought Churchill Falls power at rock-bottom prices.
Sabia and Newfoundland and Labrador Hydro CEO Jennifer Williams led teams that are finalizing a new draft agreement involving higher payments and joint Churchill River projects.
Williams said the agreement is moving "full steam ahead," plans include engineering studies this summer, and Sabia’s executive team will continue Hydro-Québec’s projects.
Despite Sabia’s exit, both utilities maintain progress on the deal, suggesting continuity in partnership and ongoing development between Quebec and Newfoundland and Labrador.

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Global News

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Energy talks ‘full steam ahead’ despite Hydro‑Québec chief’s new gig: N.L. Hydro - Montreal

Hydro-Québec CEO’s exit won’t impact Churchill Falls talks, says N.L. Hydro. The deal to replace the 1969 contract is moving “full steam ahead.”

2 days ago·Toronto, Canada

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Financial Post

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Energy talks ’full steam ahead’ despite Hydro‑Quebec chief’s new gig: N.L. Hydro

The upcoming departure of the chief executive of Quebec's hydro utility won't interfere in final negotiations on a new energy deal with Newfoundland and Labrador.

2 days ago·Canada

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CTV News

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Energy talks ‘full steam ahead’ despite Hydro‑Québec chief’s new gig: N.L. Hydro

The upcoming departure of the CEO of Quebec’s hydro utility won’t interfere in final negotiations on a new energy deal with Newfoundland and Labrador.

2 days ago·Canada

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City News

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Energy talks 'full steam ahead' despite Hydro‑Québec chief's new gig: N.L. Hydro

ST. JOHN’S — The upcoming departure of the CEO of Quebec’s hydro utility won’t interfere in final negotiations on a new energy deal with Newfoundland and Labrador. That’s according to Jennifer Williams, chief executive of Newfoundland and Labrador Hydro. Williams says the major agreement between the two utilities is moving “full steam ahead” despite Michael […]

2 days ago·Toronto, Canada

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