Utility Holding Company
Appears in 3 stories
Project developer; prevailed in legal challenges
New England has paid some of the highest electricity prices in the country for decades, hostage to constrained natural gas pipelines that spike costs every winter. On January 16, 2026, a $1.6 billion transmission line began delivering 1,200 megawatts of Canadian hydropower to the region—enough to meet 20% of Massachusetts' electricity needs and save ratepayers an estimated $50 million annually.
Updated May 26
Project developer (subsidiary of Iberdrola)
For 40 years, transmission bottlenecks and opposition blocked Hydro-Québec from selling more power to New England. On January 16, 2026, a 145-mile power line through Maine began delivering 1,200 megawatts of Canadian hydroelectricity to Massachusetts—20% of the state's needs and the largest clean energy transmission addition to the region in decades. The line went dark when a winter storm hit 10 days later.
Updated May 21
Won January 27 preliminary injunction for Vineyard Wind (95% complete, already generating power); construction resumed, racing to meet March 31 vessel deadline
On December 22, 2025, Interior Secretary Doug Burgum paused all major offshore wind construction on the East Coast: Vineyard Wind, Revolution Wind, Sunrise Wind, Empire Wind, and Coastal Virginia Offshore Wind. These five projects, representing $28 billion in investment and enough power for millions of homes, halted on orders from Washington citing radar interference and national security risks near military installations.
Updated May 16
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