Hydro One Eyes Inaugural US Dollar Debt Sale of Up to $1 Billion

Hydro One Ltd. transmission towers in Toronto, Ontario, Canada. — Hydro One Ltd. transmission towers in Toronto, Ontario, Canada.
Photographer: Cole Burston/Bloomberg

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By Naureen S Malik and Chunzi Xu

October 7, 2025 at 4:44 PM UTC

Canadian utility company Hydro One Ltd. plans to launch its first-ever US dollar debt sale in the first half of 2026, interim chief executive officer Harry Taylor said at the Bloomberg Canadian Finance Conference on Tuesday.

The bond will likely have a 10-year maturity and be between $500 million and $1 billion, he said.