Hydro One reports positive quarterly results
Posted by news | Filed under All News Stories, Business, Durham, GTA
The results are in and it was a successful second quarter for Hydro One. The company had a net income of $169-million for the quarter. The increase is a 19 per cent jump over the same period in 2011. Among the hightlights, President and CEO Laura Formusa says the completion of the Bruce to Milton transmission reinforcement project, which she claims was the largest expansion of Ontario’s transmission system in more than two decades.
