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Alectra Inc. was formed on January 31, 2017 following the merger of Enersource, Horizon Utilities and PowerStream. The Hydro One Brampton acquisition completes the transaction, which was originally announced in 2015. Alectra Inc., through its subsidiary Alectra Utilities Corporation ,serves . approximately one million homes and businesses in ...
Feb 28, 2017 · MISSISSAUGA, ON-- (Marketwired - February 28, 2017) - Alectra Inc. has completed the acquisition of Hydro One Brampton from the Province of Ontario, creating the largest municipally-owned electricity utility in Canada, based on the total number of customers served. Alectra Inc. was formed on January 31, 2017 following the merger of Enersource ...
The initial formation of the company was completed with the acquisition of Hydro One Brampton from the provincial government's Hydro One on February 28, 2017. [6] Guelph Hydro (serving Guelph and Rockwood) merged into Alectra on January 1, 2019. [7] [4]
Dec 8, 2021 · Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with approximately 1.4 million valued customers, approximately $30.3 billion in assets as at December 31, 2020, and annual revenues in 2020 of approximately $7.3 billion.
purchase Hydro One Brampton effective February 28. This consolidation will create the second largest municipally-owned electric utility by customer base in North America, second only to the Los Angeles Department of Water and Power. Alectra will operate within a 1,800 square kilometre service territory comprising 15 communities
Feb 2, 2017 · For more information about Alectra Utilities, visit alectrautilities.com. Media Contact: Carley Smith DeBenedictis. Senior Communications Advisor. City of Mississauga. 905-615-3200, ext. 4203. Carley.smith@mississauga.ca. TTY: 905-896-5151. Mississauga, along with one million customers in the Greater Toronto and Hamilton Area, will be served by ...
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This subsidiary operated separately from the main Hydro One corporation and operated only in the city of Brampton. Hydro One Brampton was acquired by Alectra Utilities on February 28, 2017. [20] In August 2014, Hydro One acquired the assets and customers of Norfolk Power. [21]
