Hydro One Networks Inc. to purchase 48% interest in East-West Tie Limited Partnership from OMERS and Enbridge

Hydro One Networks Inc., a wholly-owned subsidiary of Hydro One Limited, has entered into an agreement to purchase an approximately 48 per cent interest in the East-West Tie Limited Partnership from affiliates of OMERS Infrastructure Management Inc. and Enbridge Transmission Holdings Inc. The acquisition reinforces Hydro One's commitment to owning and operating transmission infrastructure in northern Ontario, supporting the reliable delivery of electricity, contributing to the region's long-term economic opportunities, and shared prosperity.