Hydro One Ltd T.H

Alternate Symbol(s): HRNNF

Utilities Utilities - Diversified

Hydro One Limited, through its wholly owned subsidiaries, is an electricity transmission and distribution provider in Ontario. The Company’s segments include Transmission, Distribution and Other segment. The Transmission Segment comprises the transmission of high voltage electricity across the province, interconnecting local distribution companies and certain large directly connected industrial customers throughout the Ontario electricity grid. The Distribution Segment comprises the delivery of electricity to end customers and certain other municipal electricity distributors. Other Segment includes certain corporate activities, investments including a joint venture that owns and operates electric vehicle fast charging stations across Ontario under the Ivy Charging Network brand, and the operations of the Company’s telecommunications business. The Company’s subsidiaries include Hydro One Inc., Hydro One Networks Inc., and Hydro One Sault Ste. Marie LP.

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Hydro One Ltd

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Comment by vinebillson Jul 19, 2017 11:40pm

231 Views

Post# 26489007

RE:RE:RE:RE:RE:Is this a good acquisition?

If every body wants to buy IR - the question is will you be able to buy it at par to get 12%?

Hydro one is still majority held by govt - means there is no default risk - to get 12% looks too good to be true I am guessing the IR's will trade at a huge premium and the yield will drop.

time will tell........but if I can get it at par - i would close my eyes and bet my farm on it.......

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