Hydro One to buy 48% stake in East-West Tie Line for $257M

Hydro One Networks Inc., a subsidiary of Hydro One Limited, agreed to purchase an approximately 48% interest in the East-West Tie Limited Partnership from OMERS and Enbridge for $257 million. The East-West Tie Line is a 450-km transmission line in northern Ontario.

“By investing in this critical transmission infrastructure, we not only support the reliable delivery of electricity but also contribute to the long-term economic opportunities and shared prosperity in the region.”prnewswire.com

• 1 source
• prnewswire.comHydro One expands transmission ownership in northern OntarioHydro One LimitedDec 19, 2024

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