The proposed task will be established in collaboration with Very first Nations, include capability and enhance local dependability in the northwest
When developed, the Red Lake Transmission Line is anticipated to include about 400 megawatts of electrical power in northwest Ontario, almost quadrupling existing capability. The task is likewise anticipated to enhance local dependability and strengthen the grid for recently linked northern remote neighborhoods and the wider area.
Through Hydro One’s Very first Country Equity Collaboration Design, proximate First Nations will have the chance to buy a 50 percent equity stake in the transmission line part of the task. Together, Hydro One and the proximate First Nations will team up on the preparation, advancement and building and construction of the line.
” This task will support local development and supply long-lasting energy capability to the just recently linked First Nations north of Red Lake,” stated Chief Clifford Bull, Lac Seul First Country. ” Lac Seul First Country praises Ontario for prioritizing this task and acknowledging the worth of First Country collaborations to move it forward in a great way.”
Our group of 9,600 competent and devoted workers happily construct and keep a safe and reputable electrical power system which is necessary to supporting strong and effective neighborhoods. In 2025, Hydro One invested $ 3.4 billion in its transmission and circulation networks, and supported the economy through purchasing $ 3.0 billion of items and services.
We are devoted to the neighborhoods where we live and resolve neighborhood financial investment, sustainability and variety efforts.
SOURCE Hydro One Limited
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THUNDER BAY, ON, April 23, 2026/ CNW/ – Today, Energy and Mines Minister Stephen Lecce directed the Ontario Energy Board to designate Hydro One Networks Inc. (Hydro One) to establish and build the Red Lake Transmission Line in northwest Ontario, north of Dryden. The proposed concern task includes a brand-new double-circuit 230-kilovolt transmission line that will range from Dryden Transformer Station (TS) north to Ear Falls TS, consisting of associated station centers and will continue to link to Red Lake Changing Station. The task is anticipated to be in service by the early 2030s.
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” Ontario’s long– term development depends upon strong and reputable electrical power facilities. The Red Lake Transmission Line will support northern dependability, make it possible for development and assistance power neighborhoods north of Dryden,” stated Ryan Docherty, Executive Vice President, Capital Portfolio Shipment, Hydro One. “We continue to deal with Very first Countries as partners to establish these tasks, guaranteeing they show regional top priorities and support financial reconciliation. We thank the federal government for its ongoing trust as we buy a strong and protected electrical power system for the future.”
” Our federal government is on an objective to grow our economy by creating more reputable hydro power in the North and energizing among Ontario’s most mineral abundant areas with a brand-new transmission line,” stated Stephen Lecce, Minister of Energy and Mines. “We are speeding up the transmission line to power brand-new mines, enhance energy security and develop great tasks. Ontario’s strategy will open more than 5,800 good-paying tasks and unlock $830 million in financial capacity, all provided in real collaboration with Very first Countries.”
” Eagle Lake First Country highly thinks that tasks happening within our standard area should be carried out in partnership and collaboration with our Country. Doing so makes sure that we can satisfy our responsibility as stewards of the land and establish tasks in such a way that appreciates our standard laws, mentors and worths,” stated Chief Bernadette Wabange, Eagle Lake First Country. “This equates into tasks that do not jeopardize environmental managements for financial advancement and secure our standard lands for future generations. We are happy to operate in collaboration with Hydro One and the other partner First Nations to advance this task in an excellent and considerate method.”
” Wabauskang First Country lies along the path of this transmission task, and our neighborhood should be meaningfully included at every phase,” stated Chief Costs Petiquan, Wabauskang First Country. “Ontario has actually taken a crucial action by engaging us early as an essential partner. We are all set to work collaboratively to make sure the task brings financial chances for our individuals while safeguarding our lands, waters and worths.”
” Wabigoon Lake Ojibway Country has a strong performance history of structure organization collaborations that provide genuine advantages for our members. Our collaboration with Hydro One and other local Very first Countries on this brand-new transmission line marks our 2nd significant transmission task together, and we are happy to continue growing these tactical relationships,” stated Chief Clayton Wetelainen, Wabigoon Lake Ojibway Country. “We prepare to use the lessons gained from our previous transmission task to make this the very best one yet for Very first Countries– developing higher advantages and chances for our Country while supporting long-lasting local success. This collaboration shows our identity as Ojibway individuals, where financial chance and cultural strength work together as we construct a much better future for the next generations.”
Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s biggest electrical power transmission and circulation company with 1.5 million valued clients, $ 39.7 billion in possessions as at December 31, 2025, and yearly profits in 2025 of $ 9 billion.
Hydro One Limited’s typical shares are noted on the TSX and specific of Hydro One Inc.’s medium term notes are noted on the NYSE. Extra info can be accessed at www.hydroone.com, www.sedarplus.com or www.sec.gov
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