Hydro-Québec

Dana Incorporated and Hydro-Québec Announce Strategic Joint Venture

Retrieved on: 
Friday, June 22, 2018
Hydro-Québec, TM4, Prestolite Electric, Caterpillar Inc., Association of Southeast Asian Nations, Industrial organization, Business, Economy of the United States

As part of this agreement, Dana will become a majority shareholder of TM4 in exchange for CA$165 million (approximately US$127 million).

Key Points: 
  • As part of this agreement, Dana will become a majority shareholder of TM4 in exchange for CA$165 million (approximately US$127 million).
  • Dana is a world leader in highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery.
  • Dana supports the passenger vehicle, commercial truck, and off-highway markets, as well as industrial and stationary equipment applications.
  • TM4 and Prestolite Electric Beijing Limited have a 50-50 joint venture in China, called Prestolite E-Propulsion Systems Limited, which offers electric mobility solutions throughout China and the ASEAN region.

Dana Incorporated and Hydro-Québec Announce Strategic Joint Venture

Retrieved on: 
Friday, June 22, 2018
Hydro-Québec, TM4

As part of this agreement, Dana will become a majority shareholder of TM4 in exchange for CA$165 million (approximately US$127 million).

Key Points: 
  • As part of this agreement, Dana will become a majority shareholder of TM4 in exchange for CA$165 million (approximately US$127 million).
  • TM4 was founded in 1998 by Hydro-Qubec, Canada's largest electricity producer and one of the world's largest hydroelectric power producers.
  • Dana is a world leader in highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery.
  • Dana supports the passenger vehicle, commercial truck, and off-highway markets, as well as industrial and stationary equipment applications.

Hydro One Limited Announces Voting Results from Annual Meeting of Shareholders

Retrieved on: 
Tuesday, May 15, 2018
Ontario electricity policy, Ontario Hydro, Electric power, Energy, Economy of Ontario, Hydro One, Hydro, Hydro-Québec

As previously disclosed, Hydro One has decided to conduct supplementary shareholder engagement and obtain additional independent advice on its executive compensation practices, including change of control and severance provisions.

Key Points: 
  • As previously disclosed, Hydro One has decided to conduct supplementary shareholder engagement and obtain additional independent advice on its executive compensation practices, including change of control and severance provisions.
  • We are Ontario's largest electricity transmission and distribution provider with more than 1.3 million valued customers, over C$25 billion in assets and 2017 annual revenues of nearly C$6 billion.
  • Hydro One is committed to the communities we serve, and has been rated as the top utility in Canada for its corporate citizenship, sustainability, and diversity initiatives.
  • We are one of only five utility companies in Canada to achieve the Sustainable Electricity Company designation from the Canadian Electricity Association.

The Government of Canada congratulates the Innu community of Pessamit on opening of new health facility

Retrieved on: 
Friday, May 11, 2018
Pessamit, Innu, Jane Philpott, First Nations, QUEBEC, Government of Canada, Hydro-Québec, Innu people, Pessamit Innu Band

Jane Philpott, Minister of Indigenous Services, congratulated the Innu community of Pessamit on the opening of its brand new integrated health and social services facility.

Key Points: 
  • Jane Philpott, Minister of Indigenous Services, congratulated the Innu community of Pessamit on the opening of its brand new integrated health and social services facility.
  • The total cost of the project is $15 million, with $8 million provided by the Pessamit Innu Council and $7 million from the Government of Canada.
  • "Congratulations to Chief Simon, the Pessamit Innu, and members of the health community on the success of this promising project.
  • The previous building that housed the community health facility was built in 1924 and included two additions built in 1954 and 1991.