Questions and Comments

Question / Comment:

Wouldn't Guelph’s voice be smaller regardless of whether utilities join Alectra before or after us? Would Guelph have a seat on the board no matter how large Alectra grows?

Response:

Being part of Alectra would give Guelph a stronger voice in the industry, among regulators and other levels of government.

Being the first southwestern utility to merge with Alectra does offer advantages. Guelph would become a southwestern Ontario operations hub, and the home of a new Green Energy & Technology Centre. Those opportunities may not be available as part of future merger agreements.

Shareholder agreements and board seats are being negotiated in the coming weeks. Decisions about future seats on the Alectra board have not been made.

 

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