.
MergerLinks Header Logo

New Deal


Announced

Completed

Hydro One completed the acquisition of business assets of Peterborough Distribution for $105m.

Financials

Edit Data
Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Canada

Private

electricity distribution

Conventional Electricity

Single Bidder

Majority

Friendly

electrical utilities

Acquisition

Completed

Synopsis

Edit

Hydro One, an electricity transmission and distribution provider, completed the acquisition of business assets of Peterborough Distribution, an electricity utility company, for $105m. "We are thrilled to become part of Peterborough, Lakefield and Norwood and to continue energizing life in these communities for years to come. At Hydro One, we believe we have a deep responsibility to support families, businesses and the local economy in the communities where we work and live, and we look forward to finding more ways to give back," Mark Poweska, Hydro One President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US