Hydro One Ltd - Company Profile
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Hydro One Ltd (Hydro One) is Ontario's largest electricity transmission and distribution utility. The company primarily engages in the transmission and distribution of electricity across Ontario. Hydro One's major services include operating high-voltage transmission lines and low-voltage distribution lines. Notable brands associated with the company include the Ivy Charging Network for electric vehicle fast charging stations. The company serves large industrial customers through a high-voltage network of transformer stations, transmission towers and wires. The company’s distribution system delivers electricity at lower voltages to homes, farms and businesses through a network of power lines and hydro poles. Hydro One serves various customers, including residential, large industrial customers, and municipal utilities. Hydro One is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
483 Bay Street, 8th Floor, South Tower, Toronto, Ontario, M5G2P5
Website
www.hydroone.com
Telephone
1 416 3455000
No of Employees
7,200
Industry
Power
Ticker Symbol & Exchange
H (TSE)
Revenue (2024)
$6.5B
6.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
15.8%
(2024 vs 2023)
Market Cap*
$24.7B
Net Profit Margin (2024)
XYZ
8.7%
(2024 vs 2023)
* As of and is in US$
Hydro One Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electricity | Residential | Ivy Charging Network |
| Move In and Out Service | ||
| Tree Trimming Services | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In June, the company announced its plans to construct the Durham Kawartha Power Line. |
| 2026 | Others | In May, the company filed two applications with the Ontario Energy Board for approval to construct the Northeast Power Line and the Longwood to Lakeshore Transmission Line. |
| 2026 | Contracts/Agreements | In February, the company was selected by Ontario to build a 500-kV transmission line between Sudbury and Barrie. |
Competitor Comparison
| Key Parameters | Hydro One Ltd | Hydro-Quebec | Emera Inc | BC Hydro | Ontario Power Generation Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Toronto | Montreal | Halifax | Vancouver | Oshawa |
| State/Province | Ontario | Quebec | Nova Scotia | British Columbia | Ontario |
| No. of Employees | 7,200 | 22,051 | 7,812 | - | 11,030 |
| Entity Type | Public | Government | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Melissa Sonberg | Chairman | Executive Board | 2025 | - |
| Megan Telford | Director; Chief Executive Officer; President | Executive Board | 2026 | - |
| Harry Taylor | Executive Vice President; Chief Financial and Regulatory Officer | Senior Management | 2025 | - |
| Teri French | Executive Vice President - Safety, Operations and Customer Experience | Senior Management | - | - |
| Gillian Whitebread | Head - Human Resources; Executive Vice President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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