Town of Newmarket Audit Committee AgendaPacket 2026-06-11
Alectra Inc. to acquire NT Power pending OEB approval
Trusted by teams at
Description
The Town of Newmarket and Township of Tay approved a securities purchase agreement with Alectra Inc. on January 10, 2026, to sell their full equity interests in Newmarket Hydro Holdings Inc. and Tay Hydro Inc. The transaction awaits Ontario Energy Board (OEB) approval to close.
Contract Details
Vendor
ALECTRA INC
Agency
Town of Newmarket, Canada
Contract Type
OTHER
Document Date
June 11, 2026
Contract Term
Sale of 100% equity interests in Newmarket Hydro Holdings Inc. and Tay Hydro Inc.; subject to Ontario Energy Board approval
Renewal Info
Transaction subject to OEB approval; no renewal but possible closing expected after regulatory consent.
More from ALECTRA INC
Related Contracts
Township of Tay Special Council Meeting Agenda March 2026
AWARDEDTownship of Tay Special Council Meeting Agenda March 2026
AWARDEDTay Township Council Meeting Minutes March 2 2026
AWARDEDTay Township Council Meeting Minutes March 2 2026
AWARDEDTay Township Council Meeting Minutes October 2025
PENDINGMore from Town of Newmarket
Town of Newmarket Agenda Committee of the Whole 2026-06-15
Town of Newmarket Agenda Committee of the Whole 2026-06-15
Town of Newmarket Agenda Committee of the Whole 2026-06-15
Town of Newmarket Audit Committee AgendaPacket 2026-06-11
Town of Newmarket Agenda Audit Committee 2026-06-11
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.