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

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.