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Hydro One
Hydro One Incorporated is an electricity transmission and distribution utility serving the Canadian province of Ontario. Hydro One traces its history to the early 20th century and the establishment of the Hydro-Electric Power Commission of Ontario (renamed Ontario Hydro in 1974). In October 1998, the provincial government of Premier Mike Harris passed the ''Energy Competition Act'' which restructured Ontario Hydro into separate entities responsible for electrical generation, transmission/delivery, and price management with a final goal of total privatization.
Hydro One was established at this time as a corporation under the ''Business Corporations Act'' with the Government of Ontario as sole shareholder, making it a Crown corporation.〔(Government of Ontario Document "Public Accounts 1999-2000 Financial Statement" )〕 Following its initial public offering on the Toronto Stock Exchange in 2015, the Government of Ontario began selling shares to the public with a final goal of 60% of the company being held by private investors.
==Service territory==
Hydro One is a holding company with four subsidiaries, the largest being Hydro One Networks. It operates 97% of the high voltage transmission grid throughout Ontario, and serves 1.3 million customers in rural areas across the province in its capacity as Ontario's largest distribution utility.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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