September 22, 2017 10:58 PM ET

Electric Utilities

Company Overview of Alectra Inc.

Company Overview

Alectra Inc. distributes electricity to homes and businesses in the Greater Golden Horseshoe Area. It serves approximately 1 million customers across 1,800 square kilometers service territory and 15 communities, including Alliston, Aurora, Barrie, Beeton, Brampton, Bradford, Hamilton, Markham, Mississauga, Penetanguishene, Richmond Hill, St. Catharines, Thornton, Tottenham, and Vaughan. The company was formerly known as Enersource Corporation and changed its name to Alectra Inc. in January 2017. Alectra Inc. is based in Mississauga, Canada.

2185 Derry Road West

Mississauga, ON L5N 7A6






Key Executives for Alectra Inc.

Chief Financial Officer and Executive Vice President
Chief Operating Officer and Executive Vice President
Vice President of Human Resources
Vice President of Finance
Director of Corporate Relations
Compensation as of Fiscal Year 2017.

Alectra Inc. Key Developments

Enersource, Horizon Utilities and PowerStream Announce Management Appointments for the Merged Company

A holding company CEO and two affiliate company Presidents have been selected to lead a proposed new electric utility that will result from the merger of Enersource, Horizon Utilities and PowerStream, and the merger's subsequent purchase of Hydro One Brampton. The new company will be called 'MergeCo' until a name is chosen. Current President and CEO of PowerStream, Brian Bentz, was appointed President and CEO (designate) of the MergeCo Holdings Company, which will be based at the current Enersource headquarters in Mississauga. Horizon Utilities President and CEO Max Cananzi was appointed President (designate) of the MergeCo Local Distribution Company, which will be headquartered at the existing Horizon Utilities corporate office in Hamilton. Enersource President and CEO Peter Gregg was appointed President designate of the MergeCo Innovation, Growth and Corporate Services Company. Hydro One Brampton President and CEO, Paul Tremblay, has played a key role in the success of Hydro One Brampton and remains an integral part of the decision-making process as the merger transaction progresses. Tremblay will retire once the new company is officially established, but will continue to support the organization in a senior advisory role until the transaction is complete.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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