Welcome to our dedicated page for Hydro One SEC filings (Ticker: HRNNF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Hydro One Limited filings document a Canadian foreign private issuer that reports on Form 40-F and furnishes Form 6-K materials for its regulated electricity utility business. The records cover annual reporting, audited consolidated financial statements, operating priorities, transmission and distribution network investment, Ontario Energy Board matters, sustainability disclosures, and material change reports.
Hydro One’s filings also include proxy circulars and meeting materials addressing director elections, auditor appointment, advisory executive-pay votes, shareholder proposals, and related governance documents. Additional exhibits document the company’s Code of Business Conduct, board and executive governance matters, agreements involving the Government of Ontario, common share disclosure, and medium-term note listing information for Hydro One Inc.
Hydro One Limited filed a Form 6-K highlighting that its subsidiary Hydro One Networks Inc. has applied to the Ontario Energy Board for approval to build the Durham Kawartha Power Line. This is an approximately 55-kilometre, double-circuit, 230-kilovolt transmission line between Clarington TS and Dobbin TS.
The project represents an approximately $430 million investment aimed at supporting growth and grid reliability for communities across Peterborough, Quinte West and into the Ottawa region, with the line expected to be in service in 2029. Proximate First Nations will have the opportunity to invest in a 50% equity stake in the transmission line component under Hydro One’s First Nation Equity Partnership Model.
Hydro One notes it is Ontario’s largest electricity transmission and distribution provider with 1.5 million customers, $39.7 billion in assets and $9 billion in 2025 annual revenues, after investing $3.4 billion in its networks and purchasing $3.0 billion of goods and services in 2025.
Hydro One Limited filed a Form 6-K highlighting leadership and governance developments. The company appointed Megan Telford as President, CEO and a Director, following the retirement of David Lebeter, both effective June 9, 2026. Shareholders elected 10 directors, with support above 97% for all nominees and up to 99.97% for some candidates.
Turnout was strong, with 505,469,897 shares representing 84.23% of outstanding common shares voted at the annual meeting. Shareholders also reappointed KPMG LLP as external auditors and approved the advisory resolution on executive compensation. The filing reiterates Hydro One’s 2025 scale, including $9 billion in annual revenues and $39.7 billion in assets as of December 31, 2025.
Hydro One Limited filed a regulatory application with the Ontario Energy Board seeking approval to build the Orléans Area Reinforcement Project near Ottawa. The plan involves a new 11-kilometre 115-kilovolt transmission line and conversion of an existing 115-kV line to 230-kV.
The project represents an approximately $100 million investment aimed at increasing capacity, improving regional transfer capability and strengthening reliability, with expected in-service timing by 2029. Hydro One highlights growing electricity demand and the need for system upgrades to support economic growth in the region and province.
The company describes its broader scale with $39.7 billion in assets and $9 billion in 2025 annual revenues, serving 1.5 million customers and investing $3.4 billion in its transmission and distribution networks in 2025.
Hydro One Limited, Ontario’s largest electricity transmission and distribution company, reported that its wholly owned subsidiary Hydro One Inc. has priced an inaugural offering of US$1.0 billion aggregate principal amount of 4.750% senior notes due May 30, 2031. The offering is expected to close on or about May 26, 2026, subject to customary closing conditions.
Hydro One plans to use the net proceeds to repay certain maturing long‑term debt and short‑term borrowings, including commercial paper, and for other general corporate purposes. The unsecured senior notes will rank equally with Hydro One Inc.’s existing senior unsecured debt and are being publicly offered in the United States through a syndicate of underwriters.
The company highlights its 2025 scale, with $39.7 billion in assets, $9 billion in annual revenues, and capital investment of $3.4 billion in its transmission and distribution networks.
Hydro One Limited reports that subsidiary Hydro One Networks Inc. has filed two leave-to-construct applications with the Ontario Energy Board to build the Northeast Power Line and the Longwood to Lakeshore Transmission Line.
The Northeast Power Line is a single-circuit 500-kV transmission line between Hanmer TS and Mississagi TS, with an estimated cost of about $1.8 billion and planned completion in 2029. It is expected to increase transfer capability between northeast and northwest Ontario by approximately 900 MW. The Longwood to Lakeshore line is another single-circuit 500-kV project between Longwood TS and Lakeshore TS, representing about a $1.2 billion investment, anticipated to bring about 550 MW of electricity to southwest Ontario, with completion expected in 2030.
Both projects use Hydro One’s First Nation Equity Partnership Model, giving proximate First Nations the opportunity to invest in a 50 per cent equity stake in the transmission line component of each project. Hydro One highlights its scale with 1.5 million customers, $39.7 billion in assets as of December 31, 2025, 2025 annual revenues of $9 billion, and $3.4 billion invested in its transmission and distribution networks in 2025.
Hydro One Limited reported higher first-quarter 2026 earnings, reflecting steady growth in its regulated transmission and distribution businesses. Total revenues reached $2,648 million, up from $2,408 million a year earlier, mainly from Ontario Energy Board–approved rate increases and slightly higher electricity demand. After purchased power costs of $1,424 million, revenues net of purchased power were $1,224 million, a 3.0% increase.
Net income attributable to common shareholders rose to $391 million from $358 million, and basic and diluted EPS increased to $0.65 from $0.60. Operating, maintenance and administration costs edged down to $329 million, while depreciation and amortization grew with the expanding asset base. Income tax expense fell to $41 million, helped by deductible timing differences including accelerated capital cost allowance.
Hydro One invested $715 million in capital projects and placed $484 million of assets in service, focused on transmission station work, lines, and broadband and metering initiatives. Net cash from operating activities was $394 million, down from $510 million, as working capital movements offset higher earnings. The company maintained a net debt-to-capitalization ratio of 59.8% and declared a quarterly dividend of $0.3331 per share (with a subsequent dividend of $0.3531 per share also approved).
Hydro One Limited reported stronger first quarter 2026 results with net income attributable to common shareholders of $391 million, up from $358 million a year earlier. Basic and diluted EPS rose to $0.65 from $0.60 as higher Ontario Energy Board–approved rates and peak demand lifted revenue.
Quarterly revenues increased to $2,648 million, while revenues, net of purchased power, grew to $1,224 million. Capital investments were $715 million and assets placed in-service were $484 million, reflecting continued grid investment. A quarterly dividend of $0.3531 per share was declared, payable June 30, 2026.
The company announced a CEO transition, with Megan Telford becoming President and CEO on June 9, 2026, as David Lebeter retires and serves as Special Advisor until October 10, 2026. Hydro One was selected to develop several priority transmission lines in Ontario, but an Ontario Energy Board decision denied recovery of $69 million in incremental revenue requirement related to a March 2025 ice storm.
Hydro One Limited has filed a Form 6-K providing the notice and 2026 management information circular for its virtual annual meeting of shareholders on June 9, 2026. Shareholders will receive the 2025 audited financial statements, elect 10 directors, reappoint KPMG as external auditor, and cast an advisory say-on-pay vote.
The filing outlines a planned leadership transition, with President and CEO David Lebeter retiring effective June 9, 2026 and Chief Operating Officer Megan Telford becoming President, CEO and a director. It also describes detailed voting procedures for registered and beneficial shareholders, board composition, director skills, compensation and share ownership requirements, and the Province of Ontario’s governance and nomination rights.
Hydro One Limited released its 2025 Sustainability Report, highlighting safety, Indigenous procurement and Canadian-focused sourcing as it expands Ontario’s transmission system with First Nation partners. The company reported a recordable injury rate of 0.68 per 200,000 hours worked, describing this as well below industry standards.
In 2025, Hydro One spent about $216 million, or more than 7% of total sourceable spend, on purchases from Indigenous businesses, surpassing its 5% by 2026 target. More than 90% of total procurement spending went to Canadian suppliers. Hydro One serves 1.5 million customers, with $39.7 billion in assets and 2025 revenues of $9 billion.
Hydro One Limited reports strong 2025 results, highlighting solid growth, heavy grid investment and a robust balance sheet. Revenue reached $9.0 billion and net income attributable to common shareholders rose to $1.34 billion, lifting basic EPS to $2.23, up about 16% from 2024.
The company invested $3.37 billion in transmission and distribution assets and placed $2.90 billion in new assets in service, supporting Ontario’s expanding electricity demand. Funds from operations increased to $2.63 billion, with an annualized FFO to net debt ratio of 14.2%, while the net debt to capitalization ratio was 59.5%.
Hydro One reports a 27% total shareholder return for 2025, supported by a quarterly dividend increase to $0.3331 per share and total annual dividends of $1.31 per share. Management emphasizes safety performance, system reliability during severe storms, expanding Indigenous partnerships, major new transmission lines, and progress toward a targeted 30% reduction in operational greenhouse gas emissions by 2030.