Latest news with #BrianBentz
Cision Canada
3 days ago
- Business
- Cision Canada
Government of Canada Invests to Modernize Ontario's Electricity Grid -- Ensuring More Reliable Power for Ontarians
MARKHAM, ON, Aug. 15, 2025 /CNW/ - Canada's energy security and economic strength depend on our ability to scale up clean, reliable and affordable power. That means advancing next-generation solutions like hydrogen, nuclear, renewables, geothermal and biofuels and integrating our electricity systems so that energy can move seamlessly and efficiently across provincial borders. We're getting more reliable clean energy to market, cutting emissions and delivering for Canadians. To that end, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced today over $13 million in federal funding to support five clean energy projects in Ontario that will help modernize existing electricity systems. Funded through the Energy Innovation Program – Smart Grids Demonstration Call for Proposals, these projects will advance clean electricity generation in Ontario, and allow customer-owned devices such as solar panels and batteries to access and benefit from electricity markets, by generating and selling energy. This will drive down energy costs for Canadians while ensuring our grids are smarter, more sustainable, more resilient and ready for the economy of the future. Quotes "This is how Canada becomes an energy superpower — by working with partners and by investing in the modernization and optimization of our electricity system. These efforts are essential to creating a more reliable and resilient network and reducing electricity bills for Canadians." The Honourable Tim Hodgson Minister of Energy and Natural Resources "We're proud to partner with NRCan on Centricity to help shape the future of Ontario's electricity system. This initiative supports a more resilient, responsive and customer-focused grid, modernizing our planning and control room operations and enabling new markets for our customers as we move from limited distribution system operator (DSO) trials to full-scale implementation." Brian Bentz President and Chief Executive Officer, Alectra Inc. "We're excited that this federal support for our distributed energy resources project in Ontario will provide real benefits to our customers, including lower energy costs and greater flexibility in how they manage power. As load growth continues to outpace supply and with large generation assets still many years away, the need for flexible DER solutions has never been greater. This project funding from Natural Resources Canada is a crucial step in creating a cleaner, more-resilient grid while reducing costs for consumers." Derek Lim Soo CEO, Peak Power Inc. "We are excited to be collaborating with GridS2, an Ontario-based cleantech startup, and partnering with Natural Resources Canada on this initiative. This project will enhance Enova's ability to plan and optimize the distribution system through AI-based tools. It will also lay the foundation for local energy procurement and unlock the potential of distributed energy resources for our customers — supporting Enova in creating the electricity system of the future." President and Chief Executive Officer, Enova Power Corp. Quick Facts The Energy Innovation Program (EIP) advances clean energy technologies that will help Canada maintain a competitive, reliable and affordable energy system while transitioning to a low-carbon economy. The EIP – Smart Grid Demonstration Call for Proposals provides support to projects that demonstrate innovation in smart grid technologies/solutions and in market or contract mechanisms (innovations may be jurisdiction-specific). The objectives include accelerating grid modernization; improving customer accessibility of grid-integrated solutions; sufficiently representing a given electricity system to meaningfully inform future deployment considerations; addressing well-defined market gaps to build business solutions; and advancing inclusivity, diversity, equity and accessibility (IDEA) in the electricity sector. One project was also selected for a grant under Mission Innovation's (MI) Green-Powered Future Mission (GPFM), which aims to demonstrate that power systems in different geographies and climates can effectively integrate up to 100-percent variable renewable energy in their generation mix by 2030 while maintaining a cost-efficient, secure and resilient system. The MI GPFM International Collaboration Grant supports proponents engaging stakeholders internationally on the successes and learnings of their EIP – Smart Grid Demonstration project. This is Canada's contribution to the "five demonstrations in five continents" flagship project, representing both Canada and the North American continent. Follow Natural Resources Canada on LinkedIn.
Yahoo
25-06-2025
- Business
- Yahoo
Alectra Inc. recognized by Corporate Knights as one of Canada's Best 50 Corporate Citizens for 2025
Canada's Best 50 Corporate Citizens MISSISSAUGA, Ontario, June 25, 2025 (GLOBE NEWSWIRE) -- Alectra Inc. is ranked among Canada's Best 50 Corporate Citizens for 2025 by Corporate Knights, marking its seventh consecutive year on the list. Alectra placed second among transmission and distribution utilities and 11th overall in the annual ranking. The Best 50 Corporate Citizens list evaluates companies across up to 25 ESG indicators—ranging from carbon emissions and clean revenue to diversity and governance. 'Being named one of Canada's Best 50 Corporate Citizens for the seventh year in a row is an incredible honour,' said Brian Bentz, President and Chief Executive Officer, Alectra Inc. 'This recognition affirms Alectra's ongoing commitment to making a measurable, positive contribution to the environment, our customers, and the communities we serve.' On June 13, Alectra released its Environmental, Social, and Governance report titled 'Discovering the Possibilities', showcasing significant progress toward its long-term sustainability goals while continuing to deliver reliable, affordable energy services to more than one million homes and businesses across Ontario. Key achievements include: GHG Emissions Reduction: achieved a 21.1 per cent reduction in greenhouse gas emissions compared to 2023. Grid Modernization: Invested $460 million in grid renewal and replacement projects to modernize the electricity grid. Community Investments: Allocated $1.39 million through the AlectraCARES Community Support Program, supporting over 150 local health, housing and food security initiatives. For more information on the full methodology behind the Best 50 Corporate Citizens ranking, please visit For information on Alectra's commitment to sustainability visit Alectra's 2024 Sustainability Report here: About Alectra's Family of Companies Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. Our mission is to be an energy ally, helping our customers and the communities we serve to discover the possibilities of tomorrow's energy future. X: Facebook: Instagram: LinkedIn: Bluesky: YouTube: Media Contact Ashley Trgachef, Media Spokesperson | Telephone: 416.402.5469 | 24/7 Media Line: 1-833-MEDIA-LN A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Alectra Inc. recognized by Corporate Knights as one of Canada's Best 50 Corporate Citizens for 2025
Canada's Best 50 Corporate Citizens MISSISSAUGA, Ontario, June 25, 2025 (GLOBE NEWSWIRE) -- Alectra Inc. is ranked among Canada's Best 50 Corporate Citizens for 2025 by Corporate Knights, marking its seventh consecutive year on the list. Alectra placed second among transmission and distribution utilities and 11th overall in the annual ranking. The Best 50 Corporate Citizens list evaluates companies across up to 25 ESG indicators—ranging from carbon emissions and clean revenue to diversity and governance. 'Being named one of Canada's Best 50 Corporate Citizens for the seventh year in a row is an incredible honour,' said Brian Bentz, President and Chief Executive Officer, Alectra Inc. 'This recognition affirms Alectra's ongoing commitment to making a measurable, positive contribution to the environment, our customers, and the communities we serve.' On June 13, Alectra released its Environmental, Social, and Governance report titled 'Discovering the Possibilities', showcasing significant progress toward its long-term sustainability goals while continuing to deliver reliable, affordable energy services to more than one million homes and businesses across Ontario. Key achievements include: GHG Emissions Reduction: achieved a 21.1 per cent reduction in greenhouse gas emissions compared to 2023. Grid Modernization: Invested $460 million in grid renewal and replacement projects to modernize the electricity grid. Community Investments: Allocated $1.39 million through the AlectraCARES Community Support Program, supporting over 150 local health, housing and food security initiatives. For more information on the full methodology behind the Best 50 Corporate Citizens ranking, please visit For information on Alectra's commitment to sustainability visit Alectra's 2024 Sustainability Report here: About Alectra's Family of Companies Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. Our mission is to be an energy ally, helping our customers and the communities we serve to discover the possibilities of tomorrow's energy future. X: Facebook: Instagram: LinkedIn: Bluesky: YouTube: Media Contact Ashley Trgachef, Media Spokesperson | Telephone: 416.402.5469 | 24/7 Media Line: 1-833-MEDIA-LN A photo accompanying this announcement is available at
Yahoo
20-06-2025
- Business
- Yahoo
Alectra marks Indigenous History Month with key achievement towards truth and reconciliation efforts
MISSISSAUGA, Ontario, June 20, 2025 (GLOBE NEWSWIRE) -- Alectra announced today its achievement of Phase 1 certification in the Partnership Accreditation in Indigenous Relations (PAIR) program, marking an important milestone in its ongoing commitment to advancing Truth and Reconciliation. The announcement coincides with National Indigenous History Month, a time to reflect on the diverse cultures, contributions, and histories of First Nations, Inuit, and Métis Peoples. Offered by the Canadian Council for Indigenous Business (CCIB), PAIR is a progressive certification framework that evaluates and strengthens corporate performance in Indigenous relations. Completion of Phase 1 signals Alectra's commitment to building respectful, reciprocal, and meaningful relationships with Indigenous communities across its service territory. 'As an organization operating on the traditional territories of Indigenous Nations, we recognize that reconciliation is not a one-time act, but a continued responsibility that requires action, accountability, and partnership,' said Brian Bentz, President and Chief Executive Officer, Alectra Inc. 'Marking this milestone during National Indigenous History Month and approaching National Indigenous Peoples Day, reinforces our commitment to learning, listening, and engaging.' Key elements of Alectra's Phase 1 certification include: Alectra's Indigenous Relations Policy: A guiding framework that outlines Alectra's commitments across leadership, employment, business development, and community relationships. Leadership Statement: A formal affirmation of Alectra's support for reconciliation and its responsibility to promote equitable Indigenous relations. The PAIR Working Group: A cross-functional employee team focused on implementing a transparent and culturally aware approach to Indigenous engagement. Identifying Indigenous Communities: A respectful and collaborative process to identify Indigenous communities within Alectra's service area to support shared objectives. Cultural Awareness Training – Company-wide learning initiatives to build knowledge, understanding, and allyship among employees. Phase 1 certification lays the foundation for Alectra's broader Indigenous strategy. Work is already underway to advance toward Phase 2 and Phase 3 of the PAIR program, which will deepen Alectra's commitments and ensure its activities continue to align with the priorities of Indigenous communities. To learn more about Alectra's 2025 Community Support Plan, visit: About Alectra's Family of Companies Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. Our mission is to be an energy ally, helping our customers and the communities we serve to discover the possibilities of tomorrow's energy future. X: Facebook: Instagram: LinkedIn: Bluesky: YouTube: Media Contact Ashley Trgachef, Media Spokesperson | Telephone: 416.402.5469 | 24/7 Media Line: 1-833-MEDIA-LN
Yahoo
13-06-2025
- Business
- Yahoo
Alectra releases 2024 ESG and GRE&T Centre reports highlighting commitment to sustainability, community support and grid modernization
MISSISSAUGA, Ontario, June 13, 2025 (GLOBE NEWSWIRE) -- Alectra Inc. presents its 2024 Annual Environmental, Social and Governance (ESG) Report, 'Discover the Possibilities', showcasing significant progress toward its long-term sustainability goals while continuing to deliver reliable, affordable energy services to more than one million homes and businesses across Ontario. The report outlines how Alectra is investing in modernizing its electricity grid to meet growing demand, reduce greenhouse gas emissions, and build stronger communities through targeted social investments. Alongside the ESG report, Alectra also released the 2024 Green Energy & Technology (GRE&T) Centre Report, 'Where Great Minds Collaborate to Power a Better Tomorrow'. The report highlights progress in advancing grid-edge technologies, supporting innovation, and building strategic partnerships to shape a more sustainable future. 'At Alectra, we recognize our responsibility goes beyond powering homes and businesses,' said Brian Bentz, President and Chief Executive Officer, Alectra Inc. 'Our 2024 ESG and GRE&T Centre reports demonstrate how we're advancing sustainability, strengthening our communities, and creating long-term value for the customers and municipalities we proudly serve.' Some key achievements highlighted by Alectra in the ESG report include: Achieving a 21.1 per cent reduction in greenhouse gas emissions compared to 2023. Allocated $1.39 million through the AlectraCARES Community Support Program, supporting over 150 local health, housing and food security initiatives. Invested $460 million in grid renewal and replacement projects to modernize the electricity grid. Expanded People Deal initiative by investing $191,000 to support organizations promoting equality and inclusion. Recognized as a Corporate Knights Canada's Best 50 Corporate Citizens – ranked first in Canada in the electricity transmission and distribution sector and eighth overall. Earned the PRISM Certified designation from Imagine Canada for continued leadership in community investment. Recognized as a Greater Toronto Area Top Employer for the fifth consecutive year. View Alectra's 2024 Annual ESG Report here, and 2024 Consolidated Financial Statements here, and Management Discussion and Analysis (MD&A) here, and see the GRE&T Centre Report here. About Alectra Inc. Family of Companies Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. X: Facebook: Instagram: LinkedIn: Bluesky: YouTube: Media Contact: Ashley Trgachef, Media | Telephone: 416.402.5469 | 24/7 Media Line: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
