Construction begins on new Regional Operations Centre and
Provincial Warehouse strengthening partnership and bringing
economic growth to the city
ORILLIA,
ON, Sept. 15, 2023 /CNW/ - Today, Hydro One
broke ground on its new Regional Operations Centre and Provincial
Warehouse, which once built, will enhance efficiency and improve
emergency response time in the community and ensure the region
remains an attractive place to invest, live and work. Hydro One's
Executive Vice President (EVP), Safety, Operations and Customer
Experience, Teri French was joined
by the City of Orillia's Mayor
Don McIsaac and members of council
to celebrate the start of construction on the $120 million investment.
"Hydro One is thrilled to have a such great partner in the
City of Orillia and all its
community members," said Teri
French, EVP, Safety, Operations and Customer Experience.
"This new Regional Operations Centre and Provincial Warehouse will
energize life in the community for years to come through our
continued investment in exceptional customer service, safe and
efficient operations and building stronger, more resilient
communities."
"Hydro One is bringing tremendous growth and investment to
the City of Orillia. We
anticipate that the construction of Hydro One's facilities in
West Orillia will contribute $200 to $300
million in near-term economic impact for our municipality,"
said Mayor Don McIsaac. "I would
like to thank Hydro One for its commitment to investing
in Orillia and the strong community support they have
demonstrated since coming to our city. We are proud to be home to
Hydro One and we are excited to continue to work together to
deliver this critical project and secure a bright future for our
Sunshine City."
"Today's groundbreaking is an exciting next step in our
partnership with Hydro One," said Jill
Dunlop, Member of Provincial Parliament for Simcoe North. "I am happy to see such
continued support and investment from them in the City of Orillia as the community continues to
grow."
The two buildings are part of an agreement with the City of Orillia to build three new facilities
to help grow and diversify the local economy. Up to 250 employees
across the three facilities will now call the Sunshine City home,
contributing to the economy and helping to support the community at
large. The facilities will be located close to Hydro One's new
state-of-the-art provincial grid control centre. The 29,000 square
foot Regional Operations Centre will be home to regional line
maintainers and electrical maintainers, while the 120,000 square
foot Provincial Warehouse will store equipment and other materials
that allow Hydro One field crews to complete investments to the
local grid and respond to outages.
Construction of the Orillia Operations Centre and Distribution
Warehouse will be completed by EBC - Buttcon Limited joint venture.
The Operations Centre is expected to be operational by March 2025 and the Distribution Warehouse in
May 2025.
Hydro One Limited (TSX:
H)
Hydro One Limited, through its wholly-owned subsidiaries,
is Ontario's largest electricity transmission and
distribution provider with approximately 1.5 million valued
customers, approximately $31.5 billion in assets as
at December 31, 2022, and annual revenues in 2022 of
approximately $7.8 billion.
Our team of approximately 9,300 skilled and dedicated employees
proudly build and maintain a safe and reliable electricity system
which is essential to supporting strong and successful communities.
In 2022, Hydro One invested approximately $2.1 billion in
its transmission and distribution networks, and supported the
economy through buying approximately $1.9 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 Leader™
by Electricity Canada.
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, http://www.sedarplus.ca or www.sec.gov.
SOURCE Hydro One Inc.