UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 18-K/A
For Foreign Governments and Political Subdivisions Thereof
AMENDMENT NO.3
TO
ANNUAL REPORT
of
HYDRO-QUÉBEC
QUÉBEC, CANADA
(Name of Registrant)
Date of end of last fiscal year: December 31, 2025
SECURITIES REGISTERED*
(As of the close of the fiscal year)
| Title of Issue | Amounts as to Which Registration is Effective |
Names of Exchanges on Which Registered |
| N/A | N/A | N/A |
Name and address of persons authorized to receive notices
and communications from the Securities and Exchange Commission:
David Brulotte
Québec Government Office
One Rockefeller Plaza, Suite 2600
New York, NY 10020-2102
Copies to:
| Catherine M. Clarkin Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004-2498 |
Maxime Aucoin Executive Vice President and Chief Financial Officer Hydro-Québec 75 René-Lévesque Boulevard West Montréal, Québec, Canada H2Z 1A4 |
* The Registrant is filing this annual report on a voluntary basis.
The undersigned registrant hereby amends its Annual Report on Form 18-K for the fiscal year ended December 31, 2025 ("Annual Report") as follows:
1. The following additional exhibits are hereby added to the Annual Report:
The Annual Report on Form 18-K and amendments on Form 18-K/A are filed on a voluntary basis.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Amendment No. 3 to be signed on its behalf by its authorized officer.
| HYDRO-QUÉBEC | ||
| By: | /s/ Maxime Aucoin | |
| Maxime Aucoin | ||
| Authorized Officer | ||
| Name: | Maxime Aucoin | |
| Title: | Executive Vice President and Chief Financial Officer | |
Date: November 13, 2026