December 14, 2020 by eklose
“These agreements between Hydro One and the Power Workers Union reflect our shared commitment to work together on behalf of our customers and communities, to have their voices and to take action to meet their needs,” said Mark Poweska, President and CEO of Hydro One. “We look forward to continuing to work positively with PWU management, which represents our front-line staff, which provides safe, reliable and affordable electricity to communities across Ontario.” The collective agreements between Hydro One Inc. and PWU have approximately 3,800 permanent workers and approximately 1,500 contingent employees in critical front-line roles across the Ontario company. TORONTO, October 6, 2020 /CNW/ – Hydro One Inc. is pleased to announce that members of the Power Workers` Union (“PWU”) have voted in favour of two collective renewal agreements: the core collective agreement, which includes front-line employees, and the Customer Service Operations collective agreement, which includes employees in client-oriented roles. . Hydro One Limited announces the conclusion of the series 1… Hydro One Limited, through its whoer-owned subsidiaries in Ontario, is the largest electricity transmission and distribution provider, with approximately 1.4 million customer customers, a fortune of approximately $27.1 billion as of December 31, 2019 and annual revenue of approximately $6.5 billion in 2019. Our team of approximately 8,800 skilled and dedicated employees proudly builds and maintains a safe and reliable electrical system, essential to support strong and prosperous communities. In 2019, Hydro One invested approximately $1.7 billion in its transportation and distribution networks and supported the economy by purchasing approximately $1.5 billion worth of goods and services. We are committed to the communities in which we live and work and work through community investments, sustainability and diversity initiatives.
We are called the Sustainable Electricity Company by the Canadian Electricity Association. Hydro One Limited`s common shares are listed on the TSX and some of Hydro One Inc.`s medium-term bonds are listed on the NYSE. For more information, see www.HydroOne.com; www.sedar.com or www.sec.gov. Hydro One Limited declares quarterly common stock dividend … For more information, please contact Hydro One Media Relations 24 hours a day at 1-877-506-7584 (free only in Ontario) or 416-345-6868. Our website is www.HydroOne.com. Follow us on facebook.com/HydroOneOfficial, twitter.com/HydroOne and instagram.com/HydroOneOfficial. This press release may contain “forward-looking information” within the meaning of applicable securities laws. Words such as “wait,” “anticipate,” “intention,” “try,” “want,” “may,” “believe,” “seek,” “appreciate,” and variations in such words and similar expressions are expected to identify this forward-looking information. These statements are not guarantees for future benefits or measures and involve assumptions and risks and uncertainties that are difficult to predict. As a result, actual results and results may differ materially from what is expressed, implied or anticipated in such forward-looking information.
Some of the factors that could lead to actual results or results being materially different from those expressed, implied or anticipated by such forward-looking information, including certain assumptions used in the development of these statements, are discussed in more detail in Hydro One`s documents with Canadian securities regulators, available on SEDAR on www.sedar.com.