Top Results For: Peterborough Distribution Inc.

Peterborough Distribution Inc. will be officially sold to Hydro One next year. And with that sale looming, Peterborough city council is now trying to decide what to do with the expected net of $50 million to $55 million. That was a big part of Tuesday night’s general committee meeting which also included approval to rezone...

The City of Peterborough said Wednesday it has agreed to sell Peterborough Distribution Inc. to Hydro One for $105 million. The deal requires the approval of the Ontario Energy Board.

A number of items were up for discussion during Monday’s city council meeting in Peterborough. Among those were the looming sale of Peterborough Distribution Inc. to Hydro One and the future of the city’s landfill site. Tricia Mason has the details.

The sale of Peterborough Distribution Inc to Hydro One could still happen as the two sides have resumed negotiations.

More reaction to energy giant Hydro One dropping out of a proposed deal to purchase Peterborough Distribution Inc. the question now is, whether the local utility is still for sale.

The sale of Peterborough Distribution Inc. to Hydro One has been a large topic of discussion for council and now they have decided where those funds will go. And council responds to Peterborough-Kawartha MPP Dave Smith after he sent a letter asking if they still want funding for affordable housing projects around the city. Tricia...

The sale of Peterborough Destruction Inc to Hydro One has been a big topic of discussion for some time now and Monday evening city councillors had another lengthy discussion about where that money will go. Tricia Mason has the details.

There was no issue more contentious or polarizing during the last term of council than the sale of Peterborough Distribution Inc. to Hydro One. Now that the new city council has been sworn in, one of its first requests was for an update from city staff on the state of sale and where it stands....

The deal is officially done. Peterborough Distribution Incorporated now belongs to Hydro One, after the sale was finalized Saturday. On Tuesday, Hydro One executives and some local government officials met outside PDI’s office to acknowledge the change in ownership. Jessica Nyznik reports.

It’s been four years since council narrowly voted to sell PDI. On Thursday, the Ontario Energy Board approved the sale to Hydro One for $105 million.

When Peterborough Distribution Inc was sold to Hydro One in 2020, part of the company remained intact. And now it is looking for some additional cash flow, and it’s suggesting the city reinvest some of the money from the sale. Tricia Mason explains…

After the sale of Peterborough Distribution Inc. to Hydro One nearly three years ago, the city received close to $60 million. But where is that money today? Sam Houpt reports…