Enersource Corporation

Enersource Corporation

May 29, 2006 08:46 ET

Enersource Completes Sale of Telecom Assets to Blink Communications

MISSISSAUGA, ONTARIO--(Marketwire - May 29, 2006) -

Attention Business Editors:

Enersource Corporation is pleased to confirm that the previously announced intended sale of certain assets of its affiliate company Enersource Telecom Inc. ("ETI") to Oakville Hydro Communications Inc. has now closed. ETI will continue to fulfill its remaining obligations as it completes post-closing activities.

Enersource Corporation is a diversified energy and technologies company focusing on quality of service with the distribution of electricity in the City of Mississauga, the promotion and delivery of conservation and smart metering solutions to meet government objectives, and increasing involvement in distributed generation to enhance provincial electricity supply. Enersource Corporation is 90% owned by the City of Mississauga, and 10% owned by BPC Energy Corporation (Borealis), a subsidiary of the Ontario Municipal Employees Retirement System. For more about Enersource visit www.enersource.com.

Contact Information

  • Enersource Corporation
    Ken MacDonald
    Sr. Manager, Communications & Government Relations
    (905) 283-4050
    Email: kmacdonald@enersource.com