Thunder Bay Hydro and Kenora Hydro Merge
Jan 21, 2019
Effective January 1, Thunder Bay Hydro and Kenora Hydro have joined together in a merger. The new combined company will be known as Synergy North and serve customers in both Thunder Bay and Kenora.
The merger is set to significantly change and improve the electricity landscape in Northern Ontario; specifically for customers. Synergy North establishes the ability to better serve customers through efficiency and with innovative customer service amenities.
Synergy North will now service more than 56,000 residential and business customers in Northwestern Ontario. The new corporation will be led by former Thunder Bay Hydro President and CEO Robert Mace under the governance of one Board of Directors.
“The combination of the two local utilities significantly improves our ability to address the increasing demands of Ontario’s evolving electricity sector,” says Mace. “As a single company, we are creating efficiencies that allow us to invest in innovation, upgrade our distribution and service systems, and ultimately deliver more value to northern customers. By merging our resources, we are a stronger and more sustainable distribution company for the future.”
“Our new tagline is ‘The power of the North’ — a proud statement that we are stronger and more competitive when we work together,” says Mace.
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