February 26, 2014 – Hydro One president and CEO, Carm Marcello, today accepted the resignation of Peter Gregg, Hydro One’s COO while, simultaneously, Enersource Corp. announced the appointment of Gregg to president and CEO.

“I’m pleased to announce that after a thorough search over the last few months, the Enersource board of directors has identified Peter Gregg as the successful candidate,” said Enersource chair Norm Loberg.

Gregg joined Hydro One in 2004 and has held several progressive positions during his 10 years with the company. He was appointed COO in 2013, having also held the role of vice-president, corporate and regulatory affairs.

“On behalf of Hydro One, I would like to thank Peter for his significant contributions to the company over the past 10 years,” said Marcello. “I know that Enersource will benefit from Peter’s knowledge, leadership and expertise in the sector. We will now take steps to ensure an orderly transition within our operations group.”

Gregg will be wrapping up obligations to Hydro One over the coming weeks, and his start date at Enersource will be announced shortly.

Enersource serves over 200,000 residential and commercial customers across Mississauga, Ont., though the distribution of electricity and the delivery of services related to the design, operation and maintenance of electrical systems. Enersource is 90% owned by the City of Mississauga, and 10% by BPC Energy Corp. (Borealis), which is part of the Ontario Municipal Employees Retirement System (OMERS).