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Hydro‑Québec shows it's ready to pay for needed properties as demand for electricity climbs

Utility buys land, buildings to help shore up energy grid
Hydro‑Québec has purchased an abandoned hospital property in downtown Montreal, once known as the Miséricorde, among other properties. (CoStar)<br/>
Hydro‑Québec has purchased an abandoned hospital property in downtown Montreal, once known as the Miséricorde, among other properties. (CoStar)

Hydro‑Québec has been snapping up industrial buildings and strategically positioned sites across Montreal and in nearby markets, often paying prices well above local norms as it pushes to expand and reinforce the region’s power grid.

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