Entegrus Powerlines Inc. and St. Thomas Energy Inc. Merger Application

St. Thomas Energy Inc. has applied to the Ontario Energy Board for approval to amalgamate with its parent, Ascent Group Inc. to form STE Amalco. Entegrus Inc. has applied to the Ontario Energy Board for leave to acquire the shares of STE Amalco in exchange for shares of Entegrus Inc., and to amalgamate STE Amalco with Entegrus Powerlines Inc. The amalgamated company will be called Entegrus Powerlines Inc. The applicants have also asked to transfer St. Thomas Energy Inc.’s current rate orders to the new company and to cancel St. Thomas Energy Inc.’s electricity distribution licence. To view the full application and evidence in this proceeding, click here.

Download the public notice HERE.