Toronto Hydro Corporation, founded in 1998 and headquartered in Toronto, Ontario, serves as a vital utility provider in the region, delivering reliable electricity distribution services to over 750,000 residential and commercial customers. The company operates with a commitment to sustainability, emphasizing energy innovation and efficient service delivery through a range of products, including smart metering, energy management systems, and conservation programs.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Toronto Hydro first began issuing bonds in 2000, enhancing its funding strategy to support infrastructure development and capital investments. Notable issuances include the 2015 green bond, which raised CAD 75 million specifically for environmentally friendly projects, reflecting the company's dedication to sustainability. Currently, Toronto Hydro’s bond yields are competitive within the industry, often appealing to investors seeking stability, especially with features such as fixed interest rates and varying maturities that cater to diverse investment strategies.