Hydro One Ltd
H: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 74.00 | Bdv | Lgghkhmfc |
Hydro One's Transmission Opportunities Provide Upside to JRAP Growth
Business Strategy and Outlook
In 2015, the province of Ontario began the privatization of Hydro One through a series of initial public offerings. Even though the province is a minority shareholder, it holds an outsize influence on the future of the company. The political atmosphere has stabilized for Hydro One, reducing the risk of politicians' future interference.