Hydro One Limited Appoints Melissa Sonberg as New Chair of the Board

An announcement from Hydro One ( (TSE:H) ) is now available.

Hydro One Limited has appointed Melissa Sonberg as the new Chair of the Board of Directors, effective June 4, 2025. Sonberg, who has been a board member since 2018, brings extensive experience from her previous roles in healthcare, Air Canada, and AIMIA Inc. Her leadership is expected to guide Hydro One in its continued investment in a safe and reliable electricity system, crucial for Ontario’s growth and prosperity. The appointment comes at a pivotal time as the company focuses on enhancing its operations and supporting community development.

The most recent analyst rating on (TSE:H) stock is a Hold with a C$45.00 price target. To see the full list of analyst forecasts on Hydro One stock, see the TSE:H Stock Forecast page.

Spark’s Take on TSE:H Stock

According to Spark, TipRanks’ AI Analyst, TSE:H is a Neutral.

Hydro One’s overall score reflects strong earnings growth and operational stability, supported by strategic investments and positive corporate events. However, financial challenges such as high capital expenditures and valuation concerns temper the outlook.

To see Spark’s full report on TSE:H stock, click here.

More about Hydro One

Hydro One Limited is Ontario’s largest electricity transmission and distribution provider, serving 1.5 million customers with $36.7 billion in assets and $8.5 billion in annual revenues as of 2024. The company employs 10,100 individuals and is committed to community investment, sustainability, and diversity initiatives. Hydro One is listed on the TSX and NYSE, and in 2024, it invested $3.1 billion in its networks and supported the economy by purchasing $2.9 billion in goods and services.

Average Trading Volume: 1,136,967

Technical Sentiment Signal: Buy

Current Market Cap: C$30.45B

For a thorough assessment of H stock, go to TipRanks’ Stock Analysis page.