Hydro One Inc., founded in 1906 and headquartered in Toronto, Ontario, is a publicly traded electric transmission and distribution company dedicated to delivering high-quality electricity and services to residential and commercial customers across its service area. The company's key products and services include the operation of an extensive network of transmission lines and distribution systems, along with innovative solutions for energy efficiency and sustainability.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Hydro One has been a prominent player in the bond market since it first issued bonds to finance infrastructure projects, starting in the early 2000s post-privatization. Notably, in 2019, they issued a significant CAD 1 billion bond to refinance existing debt and support capital investments, garnering attention for its competitive yields which were favorable compared to industry standards at the time. The company has continued to expand its bond offerings, with features such as green bonds designed to fund environmentally beneficial projects. Current yields on Hydro One bonds remain attractive, reflecting the company's stable credit profile amidst an evolving energy landscape.