OPG said it paid $23.65 per share of Hydro One, and now owns approximately 1.5 per cent of the utility. ...
Category: Energy and the Environment
Government defends OPG president’s $450K signing bonus
However, the government is also working to bring in compensation bands for public-sector executives. ...
Ontario Power Generation boss received $450K signing bonus
Jeffrey Lyash’s five-year contract with the provincial power company also contains a $3.15-million payout if he’s ever fired without cause, including a $50,000 budget to move back to the United States. ...
Approximately 200 amendments proposed to government’s cap-and-trade bill
Bill 172, the Climate Change Mitigation and Low-Carbon Economy Act, was back before the general government committee on Monday for clause-by-clause consideration. ...
Fiscal watchdog cautions cap-and-trade could ‘impact’ province’s bottom-line
But Environment and Climate Change Minister Glen Murray wonders how much more transparent the government's accounting could be. ...
Ontario selling another 15 per cent of Hydro One in $2-billion deal
The second offering of shares is priced at $23.65, up from the $20.50 price of shares during the initial public offering last fall. ...
Happening: Waste reduction bill passes second reading
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Committee hears qualms about targets, timing and transparency of cap-and-trade
Hearings on Bill 172, the Climate Change Mitigation and Low-carbon Economy Act, began Monday at Queen’s Park. ...
Tribunal dismisses oil tycoon’s $658M claim over Ontario’s green energy choices
The Government of Canada said in a release that the tribunal had dismissed U.S.-based Mesa Power Group LLC’s case against it under Chapter 11 of the North American Free Trade Agreement. ...
Wynne holds out green energy olive branch during Kingston visit
Wynne’s government has changed how major renewable energy projects are sited, altering the previous process that had been put in place by her predecessor. ...