Enersource Corporation

Corporate Finance:Utilities & Independent Power

Summary

Enersource Corporation is a holding company that owns Enersource Hydro Mississauga, a regulated electricity distribution company, and Enersource Services Inc., a non-regulated holding company. Enersource Services Inc. consists of two wholly owned subsidiaries: (1) Enersource Telecom, a dormant company that formerly operated a fibre-optic data networks and telecommunications company, and (2) Enersource Hydro Mississauga Services, which provides engineering, design, construction and operations services, streetlight construction and maintenance services for the city of Mississauga. Enersource Corporation is 90% owned by the city of Mississauga and 10% owned by BPC Energy Corporation, a subsidiary of Ontario Municipal Employees Retirement System.