Hydro One Limited (H.TO)
Hydro One Limited operates in the Regulated Electric industry of the Utilities sector, headquartered in Toronto, ON, CA. The stock last traded at $50.83, down 0.24% on the session, giving a market capitalisation of $30.50B. Its beta of 0.38 implies it has historically moved less than the broad market.
Hydro One Limited, through its various subsidiaries, functions as a prominent electric utility, overseeing the transmission and distribution of power throughout Ontario, Canada. The company organizes its operations across three primary segments: Transmission, Distribution, and other business activities. Its infrastructure portfolio includes approximately 30,000 circuit kilometers of high-voltage transmission lines and a vast 125,000 circuit kilometers of its main low-voltage distribution network. This robust system delivers electricity to around 1.5 million clients, encompassing residential households, small businesses, commercial enterprises, and industrial facilities. Beyond its core power delivery, Hydro One also provides essential telecommunications support for its grid operations and offers a range of information and communication technology (ICT) services and solutions. Incorporated in 2015, the company's corporate headquarters are situated in Toronto.
Hydro One Limited is most often compared with the following Utilities names: