WebFeb 15, 2024 · EPCOR received Ontario Energy Board approval to complete the purchase of Collus PowerStream, Collingwood area’s former electricity distributor, in September 2024. The parent company is a runaway success story. EPCOR is a municipally-owned corporation whose sole shareholder is the City of Edmonton. WebJun 24, 2024 · Documents show Hydro One offered Collingwood a deal it said was worth $18.5 million for 50 per cent of the shares of Collus Power. The total amount included $13.6 million in cash, a loan repayment of …
The Collingwood Judicial Inquiry: Lessons for Ontario’s Electric …
WebIn a transaction closing on July 31, 2012, the Town of Collingwood sold 50 per cent of its interest in Collus Power Corporation, the local electricity distribution company (LDC) serving the Collingwood service area, to PowerStream Incorporated. WebPowerStream Holdings Incorporated was an electric utility servicing communities north of Toronto and in Central Ontario. Its service areas included Aurora , Alliston , Barrie , … paul westhead first game coaching lakers
Collus PowerStream - Hours & Reviews - Collingwood
WebMar 17, 2024 · Though COLLUS companies came under scrutiny during the Collingwood Judicial Inquiry process, particularly the details of the 2012 share sale of 50 per cent of … WebSep 5, 2024 · Alectra argues PowerStream’s deal with Collus led to many “tremendous” non-financial benefits for Collingwood’s citizens. The closing submission states PowerStream was the “most logical fit for a strategic partnership,” due to its proximity to Collingwood, existing presence in Simcoe County, its size and community-based … Web• On July 31, 2012 PowerStream purchased a 50% interest in Collingwood Utility Services Corp. from the Town of Collingwood. In addition to the Town of Collingwood receiving proceeds from the sale, the utility—later rebranded as Collus PowerStream—would also be able to secure services from PowerStream paul-weyers-schule