<div id="subtitle">Hydro-Quebec agrees to proposed energy deal that will expand its power exports to the US</div><div><p>Canadian utility company Hydro-Quebec says it will pay 4.7 billion Canadian dollars ($4.4 billion) for the assets of New Brunswick Power, a deal that would help the company secure greater access to electricity markets in the U.S.</p><p>Hydro-Quebec announced Thursday that it expects to spend up to 25 billion Canadian dollars ($23 billion) over the next decade to boost its hydro electic output by 4,500 megawatts a year.</p><p>Much of that will be exported to the United States and Ontario since growth in the Quebec economy is not expected to need that much power.</p><p>The New Brunswick Power transmission lines will provide Hydro-Quebec with an improved route into the northeastern United States.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=62284688&bid=informcom" /></div><div id="copyright"><div>

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