Core Viewpoint - The Ontario government has designated Hydro One Networks Inc. to develop the Greenstone Transmission Line, which aims to enhance electricity capacity and reliability in northern communities while fostering economic development and supporting Indigenous community growth [1][4]. Project Overview - The Greenstone Transmission Line will be a single-circuit 230-kilovolt (kV) line, designed to support a future second circuit, connecting to existing infrastructure near Nipigon Bay and extending to Longlac Transformer Station [2]. - The project is expected to be operational by 2032 [2]. Indigenous Partnership - Hydro One's First Nation 50-50 Equity Partnership Model allows nearby First Nations to invest in a 50% equity stake in the transmission line, promoting collaboration in planning, development, and construction [3]. - The project is seen as a significant step towards economic reconciliation and self-determination for Indigenous communities, providing them with ownership and participation in major infrastructure [5]. Economic Impact - The Ontario government anticipates that the project will create 20,000 jobs and enhance local economic prosperity by partnering with First Nations and sourcing goods and services from local suppliers [4]. - Hydro One's investment in transmission and distribution networks was $3.1 billion in 2024, supporting the economy through $2.9 billion in goods and services purchases [7]. Company Profile - Hydro One Limited is Ontario's largest electricity transmission and distribution provider, serving 1.5 million customers with $36.7 billion in assets and annual revenues of $8.5 billion as of 2024 [6]. - The company employs 10,100 individuals dedicated to maintaining a reliable electricity system essential for community support [7].

Core Viewpoint - The Ontario government has designated Hydro One to develop a new priority transmission line between Bowmanville and the Greater Toronto Area (GTA) to meet growing energy demand and support economic growth in the region [1][2][3]. Group 1: Project Details - The new project involves constructing a double-circuit 500-kilovolt (kV) transmission line from the Bowmanville Switching Station to one of three potential transformer stations, with expected service in the early 2030s [1]. - Hydro One will collaborate with nearby First Nations, allowing them to invest in a 50% equity stake in the transmission line component through a partnership model [2]. - The project is part of a broader initiative to expand Ontario's transmission system, which is critical for ensuring a reliable electricity supply as demand is projected to grow significantly over the next 25 years [3]. Group 2: Economic Impact - The new transmission line is expected to create thousands of jobs across Ontario and secure the province's energy supply for decades, delivering reliable electricity from small modular reactors (SMRs) [4]. - The project will support key industrial sectors, including agriculture and manufacturing, and is aimed at strengthening Ontario's economy amid global instability [3]. Group 3: Company Overview - Hydro One Limited is Ontario's largest electricity transmission and distribution provider, serving 1.5 million customers and holding $36.7 billion in assets as of December 31, 2024, with annual revenues of $8.5 billion in 2024 [5]. - In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks and supported the economy by purchasing $2.9 billion in goods and services [7].