Politicians promised lower electricity rates, more green energy projects and no loss of control Thursday as they signed a deal to merge five local power companies into new giant.
The as-yet unnamed company merges Hamilton-based Horizon Utilities with power distributors serving Mississauga, Markham, Barrie, Vaughan and St. Catharines. Together they will pay the province $607 million to buy Hydro One in Brampton.
Hamilton Spectator – March 25, 2016.
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