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May 2, 2022
Brantford Power and Energy+ Merge to Form GrandBridge Energy
On May 2, 2022, Brantford Energy Corporation and Cambridge and North Dumfries Energy+ Inc. merged to form GrandBridge Corporation, the shareholder of GrandBridge Energy Inc., GrandBridge Group Inc., and GrandBridge Solutions Inc.
As part of the merger transaction, Brantford Power Inc. and Energy+ Inc. officially merged to form GrandBridge Energy Inc. GrandBridge Energy is the seventh largest municipally-owned electricity distributor in Ontario, delivering safe and reliable electricity to 109,000 customers in Brantford, Cambridge, Brant County and North Dumfries. It is regulated by the Ontario Energy Board.
Aird & Berlis advised the City of Cambridge and the Township of North Dumfries on this transaction. The team was led by Ron Clark, and included Lisa Moreau (Competition), Barbara Worndl (Tax), Dennis O’Leary (Regulatory), Danielle Shields, Emily Chittick and Christian Nianiaris (Corporate), Sam Babe (Financial Services) and Michael Horvat (Labour & Employment).