Hori­zon, En­er­source and Pow­erStream of­fi­cially be­come Alec­tra

FOR THE RECORD

The Hamilton Spectator - - BUSINESS -

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.

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