TORONTO, Nov. 25, 2020 /CNW/ - Today, Hydro One launched a
new fund to help communities respond to new and urgent challenges
presented by COVID-19. Charitable organizations, municipalities and
Indigenous communities can now apply for up to $25,000 towards pandemic response efforts and
initiatives that improve physical and emotional safety. This is
part of Hydro One's commitment to build safe communities across
Ontario.
"Communities and charitable organizations are facing serious
challenges to meet critical and emerging needs during this
unprecedented time," said Jay
Armitage, Vice President of Marketing and Communications,
Hydro One. "From supporting well-being through an outdoor skating
trail or delivering meals to vulnerable populations, this fund will
help those local organizations working tirelessly to build a better
and brighter future for their communities."
"Thank you to Hydro One for continuing to put families and
communities first and show the true meaning of the Ontario spirit," said Greg Rickford,
Minister of Energy, Northern Development and Mines. "Hydro One's
new program captures the importance of coming together to lend a
helping hand to those making a lasting difference in the
community."
To apply, please visit:
https://www.hydroone.com/about/building-safe-communities/community-fund.
Applications close on February 19,
2021, and recipients will be announced in March.
In addition to the new fund, Hydro One is supporting pandemic
response efforts and initiatives to strengthen community resiliency
and safety. The company partnered with GlobalMedic to provide
13,500 food and safety kits to First Nations communities, donated
$300,000 worth of meals to Feed
Ontario to put food on the table for families in need and supported
Ontario's Ministry of Health by
contacting travellers entering the province to ensure quarantine
measures were followed. The company also partnered with the Coaches
Association of Ontario to roll out
a new virtual hub to support navigating safe and inclusive sport
during this challenging time.
Hydro One continues to offer customers payment flexibility and
financial assistance through its Pandemic Relief Fund. The company
has also extended its ban on residential electricity disconnections
to ensure no customer is disconnected at a time when support is
needed most. More information about Hydro One's Pandemic Relief
Program can be found at www.HydroOne.com/PandemicRelief
Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries,
is Ontario's largest electricity transmission and
distribution provider with approximately 1.4 million valued
customers, approximately $27.1 billion in assets as
at December 31, 2019, and annual revenues in 2019 of
approximately $6.5 billion. Our team of approximately 8,800
skilled and dedicated employees proudly build and maintain a safe
and reliable electricity system which is essential to supporting
strong and successful communities. In 2019, Hydro One invested
approximately $1.7 billion in its transmission and
distribution networks and supported the economy through buying
approximately $1.5 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 Company by the Canadian
Electricity Association. 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.sedar.com or www.sec.gov.
Forward-Looking Statements and Information:
This press release may contain "forward-looking information"
within the meaning of applicable securities laws. Words such as
"expect," "anticipate," "intend," "attempt," "may," "plan," "will",
"can", "believe," "seek," "estimate," and variations of such words
and similar expressions are intended to identify such
forward-looking information. These statements are not guarantees of
future performance or actions and involve assumptions and risks and
uncertainties that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed,
implied or forecasted in such forward-looking information. Some of
the factors that could cause actual results or outcomes to differ
materially from the results expressed, implied or forecasted by
such forward-looking information, including some of the assumptions
used in making such statements, are discussed more fully in Hydro
One's filings with the securities regulatory authorities
in Canada, which are available on SEDAR at www.sedar.com.
Hydro One does not intend, and it disclaims any obligation, to
update any forward-looking information, except as required by
law.
Our website is www.HydroOne.com. Follow us
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SOURCE Hydro One Inc.