“Atikameksheng Anishnawbek has always looked to the future as guidepost in our growth and evolution as a community. We are elated that our Sister Nations along the North Shore have worked diligently in concert with us and Hydro One to bring these two transmission lines to fruition. We remain committed to our partnership with Hydro One and we thank them for the future benefits this project will bring to all our communities,” said Gimaa Craig Nootchtai, Atikameksheng Anishnawbek.
“The leadership of Batchewana First Nation are focused on accommodating the diverse needs of our communities. The equity partnership with Hydro One allows us to meet the growing electricity demands throughout our territories. We are encouraged to see the project advancing as quickly as it is and look forward to promoting future jobs for our people in this sector,” said Chief Mark McCoy, Batchewana First Nation.
“We’re building a made-in-Ontario supply chain that’s connecting the province’s critical minerals and clean steel in the north, to auto makers and battery manufacturers across Ontario,” said Todd Smith, Minister of Energy. “These three new transmission lines will power that vision, helping to electrify Algoma Steel’s conversion to electric arc furnace as well as new homes, critical mineral development, and other job creators in northeast and eastern Ontario.”
“Sault Ste. Marie is well-positioned for economic progress and population increases in the coming years,” said Matthew Shoemaker, Mayor, Sault Ste. Marie. “The designation of the transmission lines to Hydro One, from Sault Ste. Marie to Sudbury, with local First Nation partners, will help both decarbonize our local industries and make future job-creating investments in our region possible. This announcement represents badly needed progress, and I look forward to future projects supporting Sault Ste. Marie and all of Northern Ontario.”
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Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with approximately 1.5 million valued customers, approximately $31.5 billion in assets as at December 31, 2022, and annual revenues in 2022 of approximately $7.8 billion.
Our team of approximately 9,300 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2022, Hydro One invested approximately $2.1 billion in its transmission and distribution networks, and supported the economy through buying approximately $1.9 billion of goods and services.
We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. We are designated as a Sustainable Electricity Leader™ by Electricity Canada.
Hydro One Limited’s common shares are listed on the TSX and certain of Hydro One Inc.’s medium term notes are listed on the NYSE. Additional information can be accessed at www.hydroone.com, www.sedarplus.com or www.sec.gov.
