SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of: December 2019
Commission File Number: 001-36115
HYDRO ONE INC.
(Translation of Registrants name into English)
483 Bay Street, South, 8th Floor, Toronto Ontario M5G 2P5 Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
HYDRO ONE INC. |
/s/ Paul Harricks |
Name: Paul Harricks |
Title: Chief Legal Officer |
Date: December 19, 2019 |
EXHIBIT INDEX
99.1 Hydro One Inc. news release dated December 19, 2019. |
Exhibit 99.1
news release
Hydro One receives regulatory decision on pension contributions
TORONTO December 19, 2019 Hydro One Networks Inc. (Hydro One), Ontarios largest electricity transmission and distribution company, received a decision from the Ontario Energy Board (OEB) on the companys motion to reconsider the handling of pension contributions included in Hydro Ones 2018-2022 Distribution Revenue Requirement Application.
The OEB has decided to uphold its original decision. Hydro One is reviewing the decision in detail to determine the appropriate next steps.
A copy of the decision is available on the OEBs website. [http://www.rds.oeb.ca/HPECMWebDrawer/Record?q=casenumber:eb-2019-0122&sortBy=recRegisteredOn-&pageSize=400#form1]
-30-
About Hydro One Inc.:
Hydro One Inc. is a fully owned subsidiary of Hydro One Limited, Ontarios largest electricity transmission and distribution provider with almost 1.4 million valued customers, over $25.6 billion in assets and 2018 annual revenues of over $6.1 billion. Our team of approximately 8,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2018, Hydro One invested almost $1.6 billion in its 30,000 circuit kilometres of high-voltage transmission and 123,000 circuit kilometres of primary distribution networks and injected approximately $1.3 billion into the economy by buying goods and services in Ontario. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. We are designated as a Sustainable Electricity Company by the Canadian Electricity Association. Hydro One Limiteds common shares are listed on the Toronto Stock Exchange (TSX: H).
Forward-Looking Statements and Information:
This press release and the decision to which it refers may contain forward-looking information within the meaning of applicable securities laws. Words such as expect, anticipate, intend, attempt, may, plan, will, can, believe, seek, estimate, and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such
statements, are discussed more fully in Hydro Ones filings with the securities regulatory authorities in Canada, which are available on SEDAR at www.sedar.com. Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law.
For additional information:
Media: Jay Armitage, Corporate Communications, media.relations@hydroone.com, 416-345-6868
Investors: Omar Javed, Investor Relations, investor.relations@hydroone.com, 416-345-5943
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