Hydro One Accepting Applications for Energizing Life Community Fund

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Hydro One Inc. (Hydro One) is currently accepting applications for their Energizing Life Community Fund, with the deadline set for January 31. This initiative offers $25,000 in funding to Indigenous communities, charities, and municipalities throughout Ontario. The fund aims to support projects that enhance physical, mental, and emotional wellbeing within local communities. In the previous year, 25 recipients were chosen for their significant contributions to local services and community betterment. A notable example is Chatham-Kent Fire Rescue, who utilized their grant to create a Mobile Command Unit, enhancing their emergency response capabilities.

Chris Case, Fire Chief at Chatham-Kent Fire Rescue, expressed gratitude for the fund’s support, highlighting the unit’s role in improving emergency response efficiency and providing critical on-site support for firefighters. Daniel Levitan, Vice President of Stakeholder Relations at Hydro One, emphasized the company’s dedication to supporting community safety and wellbeing. He commended organizations like Chatham-Kent Fire Rescue for their vital role in community safety.

The Energizing Life Community Fund has historically funded diverse projects, including mental health support for farmers, urban beautification through art, and initiatives against homophobia and transphobia. Interested parties can apply for the funding at www.hydroone.com/energizinglife until January 31, 2024.

Hydro One Limited, Ontario’s largest electricity transmission and distribution provider, has a customer base of around 1.5 million, assets worth approximately $31.5 billion as of December 31, 2022, and reported annual revenues of about $7.8 billion in 2022. The company, with around 9,300 employees, focuses on building a reliable and safe electricity system, essential for thriving communities. In 2022, Hydro One’s investments in its networks totaled around $2.1 billion, alongside purchasing goods and services worth approximately $1.9 billion.

Hydro One is actively involved in community investment, sustainability, and diversity initiatives, recognized as a Sustainable Electricity Leader™ by Electricity Canada. Its common shares are traded on the TSX, and some of Hydro One Inc.’s medium-term notes are listed on the NYSE. More information can be found on their website, as well as on SEDAR+ and the SEC’s website.

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