Media Release: Council decides not to consider water and waste water in potential hydro share sale negotiations with EPCOR

Collingwood, ON [25 April 2017] – In further discussions with EPCOR regarding their proposal to purchase the Town’s hydro shares combined with water and wastewater, Council at its meeting held last night decided not to consider concessions for water and wastewater services.
 
The Town will continue to consider EPCOR’s offer to purchase the Town’s hydro shares only. “Due to the nature of the discussions with EPCOR and in the interests of the Town, we are not able to divulge any further information to the public at this time,” said Mayor Cooper. “The Town will release further information as soon as we are in a position to do so.”
 
For questions regarding the RFP Process for the sale of the Town’s remaining 50% interest in Collingwood PowerStream Utility Services Corp., please contact CAO, John Brown at 705-445-1030 ext. 3231.
 
About EPCOR
EPCOR’s wholly owned subsidiaries build, own and operate electrical transmission and distribution networks, water and waste water treatment facilities and infrastructure in Canada and the United States.  The Company’s subsidiaries also provide electricity, water and natural gas services and products to residential and commercial customers.  EPCOR, headquartered in Edmonton, is an Alberta Top 70 Employer. EPCOR’s website address is www.epcor.com
 
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For more information, contact:
Communications Officer
Christa Carter
T. 705-445-1030 Ext. 3293
Chief Administrative Officer
John Brown
T. 705-445-1030 Ext. 3231
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