Développement PEK follows economic reconciliation with Hydro-Québec

Hydro-Québec recently unveiled its action plan entitled « Towards a Decarbonized and Prosperous Québec ». In addition to increasing production and developing new projects, the company also mentioned that working more closely with Aboriginal communities was among its priorities.

As a non-profit organization 100% owned by Pekuakamiulnuatsh Takuhikan, Développement PEK will closely follow discussions between the company and Indigenous communities. We will be ready to play the role entrusted to us by the council.

In his column, Ken Rock illustrates the challenge of economic reconciliation with Hydro-Québec. To read the article, click here.

Indigenous communities must be key players in Hydro-Québec’s expansion projects

On November 2, 2023, Hydro-Québec unveiled its development plan, which calls for the addition of 60 terawatt-hours of energy by 2035 and 200 terawatt-hours by 2050 to meet Quebec’s energy needs.

Hydro-Québec CEO Michaël Sabia mentioned that he would like Hydro-Québec to partner financially with Indigenous communities to carry out projects, rather than offering them compensation.

To learn more about Hydro-Québec’s plan, click here.

To learn more about Hydro-Québec’s willingness to include aboriginal communities in projects, click here.

Energy, an important lever for Mashteuiatsh

In recent years, the community of Mashteuiatsh has invested a great deal of effort and funds in the hydroelectric power sector, enabling it to develop credible expertise in the field. Développement PEK manages the Minashtuk, Val-Jalbert, Onzième Chute and Shipiss mini-power stations for its corporate clients. The funds generated represent an important lever for development.

To read the Informe Affaires article, click here.