Hydro One receives regulatory decision for acquisition of Orillia Power Distribution – HomeTown TV12
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Hydro One receives regulatory decision for acquisition of Orillia Power Distribution

Hydro One receives regulatory decision for acquisition of Orillia Power Distribution

TORONTO – Hydro One Inc. (“Hydro One”) received a decision this week from the Ontario Energy Board (“OEB”) upholding its decision to deny Hydro One’s proposed acquisition of Orillia Power Distribution Corporation (“OPDC”) from the City of Orillia, Ontario.

“Hydro One is disappointed by this decision,” said Patrick Meneley, Executive Vice President and Chief Corporate Development Officer, Hydro One. “We will continue to work with the City of Orillia to seek a transaction that is in the interests of all stakeholders.”

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