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Company type | Municipally owned corporation |
---|---|
Industry | Electricity distribution |
Predecessors | Markham Hydro Hydro Vaughan Richmond Hill Hydro Aurora Hydro Barrie Hydro |
Founded | 2004 |
Defunct | February 1, 2017 |
Fate | Merged with Enersource and Horizon Utilities |
Successor | Alectra |
Owners | City of Vaughan City of Markham City of Barrie |
Subsidiaries | PowerStream Solar PowerStream Energy Services Collus PowerStream (50%) |
PowerStream Holdings Incorporated was an electric utility servicing communities north of Toronto and in Central Ontario.[1] Its service areas included Aurora, Alliston, Barrie, Beeton, Bradford West Gwillimbury, Penetanguishene, Markham, Richmond Hill, Thornton, Tottenham and Vaughan.
Powerstream merged with Enersource and Horizon Utilities to form Alectra on February 1, 2017. Through a partnership with the Town of Collingwood it owned a 50% share of Collus PowerStream which serves customers in Collingwood, Stayner, Creemore and Thornbury. The 50% ownership stake in Collus PowerStream was transferred to Alectra before being sold back to the Town of Collingwood in 2017.[2]