Hydro One Ltd - Company Profile
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Business Description
Hydro One Ltd (Hydro One) is an electric utility. Through its subsidiaries, it transmits and distributes electricity to residential and business customers in Ontario.
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Business Segments
Overview
Distributes and sells electricity to residential, business and municipal customers across in Ontario. Operates through Hydro One Networks and Hydro One Remote Communities Inc. Also provides small or micro generators. It reported capital expenditure of CAD899.0 million in FY2022, which grew 14.2% YoY.
Performance
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Overview
Generates and transmits electricity from nuclear, hydroelectric, natural gas, wind and solar sources to the distribution company and to industrial customers in Ontario. Owns and operates through Hydro One Inc., Hydro One Networks Inc., Hydro One Sault Ste. Marie LP and B2M Limited Partnership. It reported capital expenditure of CAD1,209.0 million in FY2022, which decreased 8.4% YoY.
Performance
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Overview
Comprises telecommunication business and certain corporate operations through Hydro One Telecom Inc. Offers secure and reliable broadband connectivity solutions to data centers, cloud service providers, telecommunications services and public sector entities, enterprises and internet service providers. It reported capital expenditure of CAD23.0 million in FY2022, which grew 27.8% YoY.
Performance
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