Company type | Municipally owned corporation |
---|---|
Industry | Electricity distribution |
Predecessors | Enersource Horizon Utilities PowerStream Hydro One Brampton Guelph Hydro |
Founded | January 31, 2017Mississauga, Ontario | in
Headquarters | |
Areas served | see below |
Key people | Brian Bentz (President and CEO) |
Owners | City of Mississauga (26.61%) City of Vaughan (20.50%) City of Hamilton (17.31%) City of Markham (15.00%) City of Barrie (8.37%) City of Guelph (4.63%) City of St. Catharines (4.63%) OMERS Infrastructure[a] (2.96%)[2] |
Number of employees | 1,600 (2017, projected[3]) |
Subsidiaries | Alectra Utilities Corporation Alectra Energy Solutions Inc. |
Website | alectrautilities |
Alectra Incorporated, through its subsidiary Alectra Utilities Corporation, is an electricity utility and distributor that serves several municipalities in the Golden Horseshoe region of Ontario. It is a municipally-owned corporation with shares in varying amounts held by the municipalities which owned its predecessor companies.
When it was founded, Alectra was described as the second largest municipally-owned electricity utility in North America after the Los Angeles Department of Water and Power.[3] As of January 2019 it is the largest municipally-owned electricity utility in Canada, by number of customers served.[4]
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