Hydro One (TSE:H) has released an update.
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Hydro One has reported a year of significant progress, with a record $2.5 billion invested in transmission and distribution to bolster Ontario’s grid, yielding strong safety and economic performance, including a record low injury rate and $113.9 million in productivity savings. The company has also strengthened its commitment to Indigenous communities through economic partnerships, achieving a record procurement of $142.3 million from Indigenous businesses in 2023. Hydro One’s efforts were recognized with a Gold level Progressive Aboriginal Relations certification and multiple awards for safety and storm restoration.
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