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Alectra

@alectra.com

Our mission is to be the energy ally that our customers expect us to be.

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Description

Alectra is one of the largest electricity distribution utilities in Canada, serving more than one million customers in Ontario. The company is headquartered in Mississauga, Ontario. Alectra was formed in 2017 through the merger of four local distribution companies: Enersource, Horizon Utilities, PowerStream, and Brampton Hydro.


This merger was a response to the changing energy landscape and aimed to create a stronger, more efficient utility. Alectra's headquarters are located in Mississauga, Ontario. As an electricity distribution company, Alectra's main service is the safe and reliable delivery of electricity to homes and businesses in its service area.


Additionally, the company offers energy solutions and conservation programs to help customers reduce their energy consumption and lower their environmental impact. Alectra also offers services related to street lighting, renewable energy programs, and electric vehicle charging infrastructure. On a global scale, Alectra primarily operates in Ontario, Canada.


However, the company has notable subsidiaries, joint ventures, and partnerships. Alectra is the majority shareholder in Alectra Energy Solutions, a subsidiary that provides energy management and conservation solutions to businesses. The company also has partnerships with various municipalities and organizations to implement energy efficiency programs and develop renewable energy projects.


Being a regional player, Alectra's market position is not focused on global sales. However, in terms of its competitors in Ontario, Alectra is considered a major player in the electricity distribution sector. The merger of the four companies that formed Alectra was a strategic move to enhance the company's competitive position and drive operational efficiencies.


Since its formation, Alectra has seen significant growth and made notable achievements. The merger itself was a major event that consolidated the distribution sector in Ontario. In 2018, Alectra was recognized as one of Canada's Greenest Employers, reflecting its commitment to sustainability and environmental stewardship.


The company has also expanded its renewable energy portfolio and launched innovative programs to support electric vehicle adoption. As of the latest available information, Alectra continues to be a leading electricity distribution utility in Ontario. The company remains focused on delivering reliable and sustainable energy solutions, while fostering innovation and collaboration in the energy sector

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Company Type

Privately Held

Company Size

1001-5000

Year Founded

2017

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