Deal Snapshot
Hydro One Closes Acquisition of Peterborough Distribution Assets
Tuesday 04 August 2020

Canada-based electricity transmission and distribution provider Hydro One Ltd. (TSX: H) has closed the acquisition of the business assets of Peterborough Distribution Inc by its wholly-owned subsidiary, Hydro One Inc, the company said.

The Ontario Energy Board approved the CDN 105m (USD 78.56m) sale on April 30, 2020. PDI serves approximately 37,000 customers in Peterborough, Lakefield and Norwood.

Date Published: 04/08/2020