Tag Archives: Guelph Hydro

New Chief Executive Officer Appointed for Guelph Hydro Electric Systems Inc. and Envida Community Energy Inc.

Guelph, Ont., March 8, 2016 – The Guelph Municipal Holdings Inc. (GMHI) Board of Directors has appointed Pankaj Sardana to the position of Chief Executive Officer of Guelph Hydro Electric Systems Inc. and Envida Community Energy Inc., effective immediately. Day-to-day operations of Guelph Hydro Electric Systems Inc. (GHESI) will remain under the leadership of Kazi Marouf, who will continue in his role as GHESI Chief Operating Officer reporting to the new CEO. “With more than 30 years of experience in the energy sector and an impressive set of skills in finance and treasury operations, accounting, regulatory affairs, commodity trading, load forecasting and other aspects of the electricity distribution business, the GMHI, GHESI and Envida Boards of Directors have great confidence that Pankaj Sardana is ideally… Continue reading New Chief Executive Officer Appointed for Guelph Hydro Electric Systems Inc. and Envida Community Energy Inc.

City Council restructures Guelph Municipal Holdings Inc.

Guelph, Ont., March 8, 2016 – Guelph City Council is announcing governance changes to Guelph Municipal Holdings Inc. Guelph Municipal Holdings Inc. is a company set up by Guelph City Council to manage select city assets for the purpose of maximizing revenue potential and strengthening community prosperity. City Council is streamlining its oversight of GMHI, providing elected officials with increased oversight of decisions that directly affect the community. “The change reflects this Council’s philosophy about governance. Direct Council oversight of GMHI decisions that affect the City of Guelph will ensure better alignment of City assets, resources and strategic planning” says Guelph’s mayor, Cam Guthrie. The changes are expected to serve City Council for a period of up to 18 months, at which point progress and… Continue reading City Council restructures Guelph Municipal Holdings Inc.