First quarter 2021

Unprecedented volume of electricity exports and net income up $116 million

Thanks to a record volume of net exports and a significant reduction in financial expenses, Hydro-Québec posted net income of $1,641 million for the first three months of 2021, an increase of $116 million over the $1,525 million recorded in the corresponding period in 2020.

The company’s first-quarter results are therefore very encouraging, even though the pandemic still isn’t over.