Hydro One (TSE:H) has released an update.
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Hydro One reported a slight increase in third-quarter earnings per share to $0.62, driven by higher revenues from approved transmission and distribution rates and increased energy demand. The company also secured significant regulatory and governmental approvals for key transmission projects, reflecting its ongoing investment in Ontario’s energy infrastructure. Additionally, Hydro One expanded its capital investments to enhance grid reliability, coinciding with a $1.2 billion sustainable financing initiative.
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