PLANT

News Automotive General
February 17, 2020  

OPG, Hydro One creating EV charger network; Feds investing $8M

160 fast chargers will be built at 73 locations

News Energy Manufacturing General
August 9, 2019  

Hydro One Q2 profit plunges 23% as electricity revenue falls, costs rise

Attributes decline to higher weather-related costs for vegetation control and storm-related power restoration.

News Energy Government Manufacturing General
February 15, 2019  

Hydro One threatened with action if it doesn’t cut proposed CEO pay

Board submitted a framework that would pay the next CEO up to $2,775,000.

News Energy Manufacturing General
January 23, 2019  

Hydro One, Avista call off merger citing Washington and Idaho rejections

Under the terms of the merger agreement, US$103 million in termination fees go to Avista.

News General
January 9, 2019  

Washington State regulator denies bid to reconsider Hydro One-Avista deal

The regulator is worried about interference from Ontario’s Ford government.

News Energy General
December 18, 2018  

Hydro One, Avista say Washington State regulator erred; request rehearing

Washington state regulators had said they would not allow Ontario’s largest utility to buy Avista for fear the provincial government might meddle in its operations.

News General
December 11, 2018  

Hydro One, Avista asking US regulator to reconsider denied acquisition

UTC can modify the prior order or take actions it deems appropriate, including extending deliberations.

News Energy Government Manufacturing General
July 16, 2018  

Ford government moves to take more control of Hydro One executive salaries

Requires the board to establish a new compensation framework for the CEO and directors.

News Energy Government General
July 12, 2018  

Hydro One board resigns, CEO retires as Doug Ford makes good on campaign promise

Hydro One CEO Mayo Schmidt, who earned a $6.2-million salary last year, became a lightning rod for resentment during the election over rising electricity rates in Ontario.

News General
May 22, 2018  

Hydro One’s merger with US energy firm Avista clears another hurdle

US Committee on Foreign Investment has found no unresolved national security concerns.

News Energy Government Manufacturing General
May 1, 2018  

Hydro One to review executive pay; Liberals to vote against compensation changes

CEO would get at least $10.7 million in severance if he were to be removed from his job.

News Energy Manufacturing General
April 13, 2018  

OEB pulls plug on Hydro One Orillia Power Distribution deal

Not satisfied no harm assessment test requirement had been met.

News Energy Manufacturing General
November 17, 2017  

Hydro One CEO says rate hike needed to keep the system stable

TORONTO — Hydro One has applied for a rate

News Energy Government Manufacturing General
October 4, 2017  

OEB orders Hydro One to cut administrative budget by $30M over two years

Ontario Energy Board says hydro customers gain little from the jump in IPO-generated executive salaries

News Energy Manufacturing Oil & Gas Business Operations Economy General
July 5, 2017  

IPO market in Canada recovering after dismal 2016: report

PwC says there were 16 IPOs on Canadian exchanges in the first six months of this year that raised $2.9 billion.