Hydro One’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Hydro One owns and operates a power transmission network that distributes electricity to residential and commercial sectors. Read more

Mark Poweska's photo - President & CEO of Hydro One

President & CEO

Mark Poweska

CEO Approval Rating

90/100

Founded:

1999

Status:

PublicTMX Group - Toronto Stock ExchangeH

Annual Revenue
Employees
Sector

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TOP COMPETITORS OR ALTERNATIVES

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Enbridge is a top competitor of Hydro One. Enbridge is a Public company that was founded in 1949 in Calgary, Alberta. Enbridge operates in the Oil & Gas Exploration, Production, Sales industry. Compared to Hydro One, Enbridge has 1,900 more employees.

Just Energy is seen as one of Hydro One's biggest rivals. Just Energy was founded in 1997, and is headquartered in Mississauga, Ontario. Just Energy operates in the Electric, Water & Gas Utilities industry. Just Energy generates $3.7B less revenue vs. Hydro One.

Fortis is seen as one of Hydro One's top competitors. Fortis was founded in St. John's, Newfoundland and Labrador} in 1987. Fortis competes in the Electric, Water & Gas Utilities industry. Compared to Hydro One, Fortis generates $254.8M more revenue.

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Competitor - 1/1

Is Dominion Energy a competitor of Hydro One?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$6.3B

Hydro One's revenue is the ranked 16th among it's top 10 competitors. The top 10 competitors average 12.1B. Over the last one quarters, Hydro One's revenue has decreased by 0%. Specifically, in Q3 2019's revenue was $1.2B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Orillia Power Corporation

Aug 2016

Source »
$31.9M
Orillia Power owns and operates a chain of electric power stations that generates and distributes electricity for residential and commercial users.
Great Lakes Power

Jan 2016

Source »
$222M
Great Lakes Power is a full-line distributor, manufacturer and rebuilder of power transmission products and accessories.
Woodstock Hydro Services, Inc.

Oct 2015

Source »
undisclosed
Woodstock Hydro provides water and electricity services.

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May 2015

Source »
undisclosed
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These are all the companies that Hydro One has acquired. Hydro One has acquired 4 companies and its latest acquisition was Orillia Power Corporation in Aug 2016. Orillia Power owns and operates a chain of electric power stations that generates and distributes electricity for residential and commercial users.

Investments

No recent investments found related to Hydro One

Hydro One News

August 3, 2020Post Online Media

Hydro One completes acquisition of business assets of Peterborough Distribution

Hydro On announced the legal closing of the acquisition of the business assets of Peterborough Distri... See more »
July 28, 2020MarketScreener

appoints Stacey Mowbray to its Board of Directors

(marketscreener.com) TORONTO, July 28, 2020 /PRNewswire/ - Hydro One Limited , Ontario's largest elec... See more »
July 16, 2020Virtual-Strategy Magazine

Hydro One receives Ontario Divisional Court decision regarding the deferred tax asset appeal

TORONTO, July 16, 2020 /PRNewswire/ - Hydro One Networks Inc. (Hydro One) announced today that it rec... See more »
July 9, 2020Virtual-Strategy Magazine

Hydro One Second Quarter 2020 Results Release August 11, 2020 Before Markets Open

Investment Community Teleconference Set for August 11, 2020 at 8 a.m. ET TORONTO, July 9, 2020 /PRNew... See more »
May 8, 2020MarketScreener

Announces Voting Results from Annual Meeting of Shareholders

(marketscreener.com) TORONTO, May 8, 2020 /PRNewswire/ - Hydro One Limited , in accordance with Toron... See more »
May 3, 2020CompanyNews HQ

Hydro One secures approval to acquire Orillia Power Distribution and Peterborough Distribution

Hydro One will acquire Ontario-based utilities Orillia Power Distribution from the City of Orillia, a... See more »
April 24, 2020MarketScreener

receives regulatory decisions regarding 2020-22 transmission rate application and Barrie Area Transmission Upgrade project

(marketscreener.com) TORONTO, April 23, 2020 /PRNewswire/ - Today Hydro One Networks Inc. , Ontario's... See more »

Hydro One Press Releases

May 8, 2020centralcharts

IBI Group Inc. Announces Results of the 2020 Annual and Special Meeting of Shareholders

TORONTO, May 08, 2020 (GLOBE NEWSWIRE) -- IBI Group Inc. (" IBI " or the " Company ") is pleased to a... See more »
April 3, 2020StreetInsider

Hydro One First Quarter 2020 Results Release May 8, 2020 Before Markets Open

Investment Community Teleconference Set for May 8, 2020 at 8 a.m. ET TORONTO, April 3, 2020 /PRNewswi... See more »
March 5, 2020centralcharts

Investors and analysts come together for Hydro One's first Investor Day

Investors and analysts come together for Hydro One's first Investor Day PR Newswire TORONTO, March 5,... See more »
February 26, 2020centralcharts

Hydro One Inc. Prices Canadian Offering of C$1.1 Billion Medium Term Notes

Hydro One Inc. Prices Canadian Offering of C$1.1 Billion Medium Term Notes PR Newswire TORONTO, Feb. ... See more »
January 11, 2020StreetInsider

Hydro One Fourth Quarter 2019 Results Release February 12, 2020 Before Markets Open

Investment Community Teleconference Set for February 12, 2020 at 8 a.m. ET TORONTO, Jan. 10, 2020 /PR... See more »
December 19, 2019centralcharts

Hydro One receives regulatory decision on pension contributions

Hydro One receives regulatory decision on pension contributions PR Newswire TORONTO, Dec. 19, 2019 TO... See more »

Hydro One Videos

April 27, 2020Hydro One Youtube Channel

"Shane Innes Testimonial" on YOUTUBE

April 27, 2020Hydro One Youtube Channel

"Lorraine Gray Testimonial" on YOUTUBE

April 27, 2020Hydro One Youtube Channel

"Apoorva Mohan Testimonial" on YOUTUBE

April 27, 2020Hydro One Youtube Channel

"Alicia Sayers Testimonial" on YOUTUBE

February 11, 2020Hydro One Youtube Channel

"Yilin Liao - Speed Skater" on YOUTUBE

February 11, 2020Hydro One Youtube Channel

"Sylvia Kolodziejczyk" on YOUTUBE

February 11, 2020Hydro One Youtube Channel

"Jack Scott, Wrester" on YOUTUBE

Social Statistics

Headquarters

185 Clegg Road

Markham, OntarioL3R 1C8

1-800-434-1235

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Summary

ABOUT

Overview

Hydro One owns and operates a power transmission network that distributes electricity to residential and commercial sectors. Hydro One was founded in 1999. Hydro One's headquarters is located in Markham, Ontario, CA L3R 1C8. Hydro One's President & C...

CEO

Hydro One's President & CEO, Mark Poweska, currently has an approval rating of 90%. Hydro One's primary competitors are Enbridge, Just Energy & Fortis.

Website

hydroone.com

Frequently Asked Questions about Hydro One

  1. When was Hydro One founded?

    Hydro One was founded in 1999
  2. Who is Hydro One's CEO?

    Hydro One's CEO is Mark Poweska
  3. How much revenue does Hydro One generate?

    Hydro One generates $6.3B in revenue
  4. How much funding does Hydro One have?

    Hydro One has historically raised $0 in funding
  1. Where is Hydro One's headquarters?

    Hydro One's headquarters is in Markham Ontario, CA
  2. How many employees does Hydro One have?

    Hydro One has 8,600 employees
  3. Who are Hydro One's competitors?

    Hydro One's top competitors are Enbridge, Just Energy, Fortis