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Question / Comment:

What is the current ownership of Alectra? Which municipalities are involved? What share of ownership does each have?


Alectra was formed earlier this year with the merger of three local electrical utilities – Enersource, Horizon Utilities, PowerStream – and the subsequent joint purchase of Hydro One Brampton.The municipally-owned utility serves businesses and residents in Peel Region, Hamilton, St. Catharines, Simcoe County and York Region.

No shareholder owns more than 50% of the company and, if Guelph became a partner in the organization, the shareholder agreement would provide certain minority shareholder protections.

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