Hydro One Ltd Announces Growth Plans Through 2027

Hydro One Limited, a prominent player in the electric utilities sector, has recently outlined its growth strategy through 2027, aiming for a 6-8% increase in earnings per share (EPS). This ambitious plan is supported by a substantial capital investment of $3.1 billion earmarked for 2024. The company, which operates Ontario’s transmission and low-voltage distribution network, continues to be a reliable and safe electrical transmission and distribution utility in the province.

As of the latest market close on April 29, 2025, Hydro One’s stock price was recorded at 51.58 CAD. The stock has experienced a 52-week high of 51.86 CAD and a low of 38.165 CAD. The company’s market capitalization stands at 30.69 billion CAD, reflecting its significant presence in the utilities sector.

Hydro One’s financial metrics reveal a price-to-earnings ratio of 26.67 and a price-to-book ratio of 2.54. These figures underscore the company’s robust financial health and investor confidence in its growth trajectory.

The company’s strategic focus on capital investments and EPS growth is expected to enhance its operational efficiency and service delivery across Ontario. Hydro One remains committed to delivering electricity to a diverse customer base, including residential, industrial, and municipal utilities.

For more detailed information on Hydro One’s operations and future plans, stakeholders and interested parties can visit their official website at www.hydroone.com . The company continues to be listed on the Toronto Stock Exchange, maintaining transparency and accessibility for investors.

Hydro One’s initial public offering (IPO) took place on November 5, 2015, marking a significant milestone in its journey as a publicly traded entity. As it moves forward with its growth plans, Hydro One remains dedicated to its mission of providing reliable and safe electrical services to its customers.