Barrie Hydro merger a done deal
BARRIE, ONTARIO - An agreement to merge the electric utilities that provide power to three southern Ontario cities has been completed.
The merger of Barrie Hydro Distribution Inc. and PowerStream Inc. creates the second-largest electrical distribution company in Ontario.
The new entity, called PowerStream Barrie Hydro Distribution, will serve some 310,000 homes and businesses in the cities of Barrie, Markham and Vaughan.
The merger follows nearly two years of discussions between PowerStream and Barrie Hydro as part of their growth strategies.
Merger negotiations began in April 2008.
Hydro One is Ontario's largest electricity distributor, serving about 1.3 million rural and urban customers.
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Transformer fire downs power in four University of Kentucky buildings, facilities closed
LEXINGTON, KY - Four University of Kentucky buildings will be closed due to a Thursday morning transformer fire.
A transformer in Bowman Hall caught fire resulting in power outages in Bowman and other buildings on Rose Street, a University of Kentucky press release said.
According to the press release, the fire was contained to the basement of Bowman Hall. Though the fire was contained, power outages are still an issue on campus.
Along with Bowman, Breckinridge, Kincaid and Bradley halls are also without power and will remain closed until Monday.
"There were no injuries in the fire, nor has there been any significant structural…
