Hydro One invests $845 million to improve reliability in Toronto

TORONTO, Ontario - - Recently, Hydro One announced it has completed more than $157 million in upgrades through ten transmission station projects across Toronto and the GTA in 2014 to improve reliability and replace aging infrastructure. In addition, the Company plans to complete over $688 million in additional improvement and replacement work between 2015-2018.

"As stewards of Ontario's transmission system, Hydro One is committed to prudently investing in its transmission system to support our province's energy needs," said Sandy Struthers, COO & EVP Strategic Planning, Hydro One. "These investments will improve electricity reliability in Toronto and the GTA today and for the future."

"Ontario is committed to building a safe, clean and reliable energy system for all," said Bob Delaney, Parliamentary Assistant to the Minister of Energy. "Today's announcement will strengthen and modernize our shared energy infrastructure, ensuring efficient, affordable electricity supply for a growing population."

Through its innovative asset analytics tool, Hydro One is able to identify and monitor the condition of all of its critical assets and make more effective and prudent investment decisions. Replacing critical assets as they approach end of life is key in ensuring reliability.

Hydro One completed the following projects in 2014:

Main Transmission Station, Toronto - $9.1 million

Toronto Lakeshore Infrastructure Renewal - $53 million

Bridgman Transmission Station, Toronto - $12.3 million

Leaside Transmission Station, Toronto - $7.2 million

Basin Transmission Station, Toronto - $7 million

Claireville Transmission Station, Woodbridge - $5.5 million

Cooksville Transmission Station, Mississauga - $32.1 million

Manby Transmission Station, Toronto - $5.8 million

Gerrard Transmission Station, Toronto $10 million

Trafalgar Transmission Station, Oakville - $15 million

The following transmission projects are currently underway in the GTA and will be completed between 2015-2018:

New Clarington Transmission Station, Clarington -$295 million

Leaside to Bridgman Transmission Expansion Midtown Tunnel, Toronto - $115 million

Richview Transmission Station, Toronto - $103 million

Connection of Toronto Hydro Copeland Tunnel, Toronto - $43 million

Manby Transmission Station, Toronto - $18 million

Bridgman Transmission Station, Toronto - $8.5 million

Trafalgar Transmission Station, Oakville - $4 million

Wiltshire Transmission Station, Toronto - $22 million

Gerrard Transmission Station, Toronto - $12 million

Leaside Transmission Station, Toronto - $37.5 million

Ellesmere Transmission Station, Toronto - $8.3 million

Scarboro Transmission Station, Toronto - $12.1 million

Carlaw Transmission Station, Toronto - $5.3 million

Strachan Transmission Station, Toronto - $5.2 million