NOT FOR DISTRIBUTION IN THE UNITED STATES Mississauga, ON – Alectra Inc. (“Alectra” or the “Corporation”) announced today that it has closed its private placement offering of C$200 million aggregate principal amount of 4.627% Series 2024-1 senior unsecured debentures (the "Series 2024-1 Debentures") due June 13, 2034. The net proceeds of the offering will be used to repay indebtedness…

Markham, ON – Alectra Utilities announces a significant investment of $13 million in grid enhancements aimed at bolstering reliability and meeting the growing energy demands in Markham, Ontario. As the community experiences increased population growth, Alectra is renewing infrastructure, enhancing connections, and modernizing substations to ensure a resilient energy grid for residential and…

Mississauga, ON – For the eighth consecutive year, Alectra has participated in the annual "Ride to Conquer Cancer", cycling over 200 kilometres from Toronto to Niagara Falls. With a team of 50 Riders, $180,000 was raised to support the Princess Margaret Cancer Centre’s life-saving cancer research and treatment. "Each year, our team’s dedication and the generosity of our supporters drive us…

Mississauga, Ontario (June 10, 2024) – Alectra Energy Services Inc. (a division of Alectra Inc.) today announced it has completed the acquisition of Gagnon Line Construction (GLC), a storm restoration and electrical services business located in New Brunswick. The acquisition of GLC along with Alectra’s existing company, Holland Power Services Inc., will create the largest electricity grid…

Mississauga, ON – Alectra Inc. presents its 2023 Annual Environment, Social and Governance (ESG) Report to highlight the company’s growth and critical investments in its social programs.“As the electricity distributor for 17 communities spanning a service territory of approximately 2,000 square kilometres in Canada’s most densely populated and carbon-intense region, we have a critical role in…

Markham, ON – For the second consecutive year, Alectra partnered with 10,000 Trees for the Rouge to support the organization’s community-driven tree planting event. Alectra employees gathered to plant 650 trees and shrubs, as well as 90 wildflowers, aiding in the growth and restoration of Monarch Park in Markham. “Alectra appreciates the opportunity to support 10,000 Trees for the Rouge in…

Mississauga, ON – With Powerline Safety Week beginning on May 13 to 19, Alectra Utilities is stepping up its efforts to ensure communities are well-informed about staying safe around powerlines, whether at home or on the job. “Powerline Safety Week serves as a crucial reminder of the life-threatening risks posed by high voltage powerlines and transformers,” said Chris Hudson, SVP Network…

Mississauga, ON – Under the Ontario Energy Board’s (OEB) Regulated Price Plan (RPP), Alectra is reminding customers about important changes to their electricity rates during the upcoming summer season. Starting on May 1, 2024, until October 31, 2024, customers on Time-of-Use (TOU) and Tiered pricing will experience altered price periods compared to the winter season. Alectra’s customers are…

Mississauga, ON – Alectra Utilities amplifies awareness during Dig Safe Month, informing the public on essential steps to take before starting any outdoor projects this season. "As the spring brings an increase in outdoor activities and projects, we call upon everyone to make safety their top priority by following vital procedures prior to any excavation," said Chris Hudson, SVP of Network…

Mississauga, ON – Alectra Utilities, one of Ontario's largest electricity distributors, is amplifying efforts to address the surge in scams targeting utility customers during National Fraud Prevention Month in March The most prevalent scams include fraudulent phone calls, where scammers claim to be from Alectra, alleging overdue accounts and threatening immediate electricity disconnection…