After more than a year of industry research, financial analysis and community engagement, Guelph City Council approved a merger between Guelph Hydro and Alectra Utilities on December 14, 2017.
Guelph is joining Mississauga, Vaughn, Hamilton, Markham, Barrie, St. Catharines, and the Ontario Municipal Employees Retirement System to share ownership of Alectra—one of Ontario’s most innovative electricity distribution companies.
- City of Mississauga 26.60%
- City of Vaughan 20.50%
- City of Hamilton 17.31%
- City of Markham 15.00%
- City of Barrie 8.37%
- City of Guelph 4.63%
- City of St. Catharines 4.63%
- OMERS Infrastructure 2.96%
Alectra is the largest municipally-owned electricity utility in Canada serving more than one million customers across 15 communities in Ontario.
Alectra is a publicly-owned utility formed with the merger of three local electrical utilities – Enersource, Horizon Utilities, PowerStream – and the subsequent joint purchase of Hydro One Brampton. The cities of Barrie, Hamilton, Markham, Mississauga, St. Catharines, and Vaughan, through their respective holding companies, and the Ontario Municipal Employee Retirement System are joint owners of Alectra.
Alectra Utilities is shaping the future of energy in Ontario based on the company’s strong legacy from the past. Alectra is moving forward – as one organization – to provide safe, reliable and innovative energy solutions to families and businesses across the Greater Golden Horseshoe area.
December 14, 2017
October 18, 2017