Earnings ·
Hydro One Limited filed its unaudited interim consolidated financial statements for the three and six months ended…
HRNNFHydro One Ltd
Hydro One Limited filed its unaudited interim consolidated financial statements for the three and six months ended June 30, 2026. Net income attributable to common shareholders increased 13.1% to $370 million in Q2 and 11.1% to $761 million year-to-date compared to prior-year periods. Revenues rose 11.4% to C$2,302 million in Q2, driven by Ontario Energy Board-approved 2026 rates and higher peak demand. The company declared a quarterly cash dividend of C$0.3531 per common share on August 11, 2026, payable September 29, 2026 to shareholders of record as of September 9, 2026. Hydro One operates in the electric utility industry, owning and operating electricity transmission and distribution systems in Ontario.