Barrie Hydro merger a done deal
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.
Related News

Investing in a new energy economy for Montana
BILLINGS - Over the next decade, Montana ratepayers will likely invest over a billion dollars into what is now being called the new energy economy.
Not since Edison electrified a New York City neighborhood in 1882 have we had such an opportunity to rethink the way we commercially produce and consume electric energy.
Looking ahead, the modernization of Edison’s grid will lower the consumer costs, creating many thousands of permanent, well-paying jobs. It will prepare the grid for significant new loads like electric transportation, and in doing so it will reduce a major source of air pollution known to directly threaten the…