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Daily Archives: May 25, 2016

Hydro One buys Great Lakes Transmission in $373-million deal

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TORONTO — Ontario’s newly privatized Hydro One electric utility includes a $373-million deal to buy Great Lakes Power Transmission, which operates north and east of Sault Ste. Marie, Ont. Hydro One says it’ll acquire Great Lakes Transmission from various entities controlled by Brookfield Infrastructure, that is a part of a Toronto-based asset management group. Related Hydro One’s ‘showcase’ IPO offered ...

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