Hydro-Québec to sell portion of New York transmission line to Kahnawake

Montreal - Hydro-Québec is considering the sale of a portion of a new power transmission line in New York to the Mohawk community of Kahnawake. The proposed deal would see the First Nations community become part owners of a 58-kilometre segment of the line, estimated to be worth around $310 million. A lawyer for the Kahnawake council plans to purchase an ownership stake equivalent to half of the segment's value.

Should the transaction be approved by Quebec's energy regulator, the Mohawk community would pay Hydro-Québec for their share and subsequently receive a portion of the revenues generated by the transmission line.