Westario Announces Proposed Sale to ERTH Corporation
The sale aims to meet rising electricity demand and climate challenges while protecting 24,500 Westario jobs and limiting rate increases to inflation, officials said.
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4 Articles
Westario announces proposed sale to ERTH Corporation
BROCKTON – Westario Power, which supplies electricity to communities in the Town of Minto, has announced the proposed sale of the utility to ERTH Corporation. The move was announced on Dec. 8 and the Westario board has also recommended shareholders approve the sale. “We are confident this sale will benefit our customers, employees and the communities we serve by making sure the utility can meet the demands of electrification, growth and climate …
ERTH announces intent to acquire Westario Power
A municipal holding company jointly owned by nine Ontario municipalities, including the Municipality of West Perth, which owns 6.25 per cent, ERTH Corp., through its regulated subsidiary, the ERTH Power Corp., currently distributes electricity to more than 25,000 customers across 15 communities in southwestern Ontario.
Westario Power board backs sale to ERTH Corporation
Westario Power is moving ahead with plans to sell the local utility to ERTH Corporation, in a deal its board says is designed to handle growing electricity demand while protecting customers and staff."We are confident this sale will benefit our customers, employees and the communities we serve by making sure the utility can meet the demands of electrification, growth and climate change," Board chair and Saugeen Shores mayor Luke Charbonneau said…
Westario Power board votes to sell energy provider to ERTH Corporation
There are plans for Westario Power – the energy provider with more than 24,500 customers in Bruce/Grey counties, including Saugeen Shores – to be sold to ERTH Corporation for an undisclosed sum.
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