Horizon, Enersource and PowerStream officially become Alectra
FOR THE RECORD
Horizon Utilities Corp. has merged with Enersource and PowerStream to become Alectra Inc.
The merger, which officially took place Feb. 1, comes almost two years after the announcement was made. As part of this, Alectra will also complete the acquisition of Hydro One Brampton on Feb. 28. The merger creates one of the largest municipally-owned electricity utilities in Canada – serving approximately one million homes and businesses in 15 communities, including Alliston, Barrie, Hamilton, Penetanguishene, St. Catharines and Tottenham.