Brantford Power merges with Energy+ to form GrandBridge Energy
Goodmans LLP acted as legal counsel Brantford Power Inc. in its merger with Energy+ Inc. to form GrandBridge Energy Inc., the seventh largest municipally-owned electricity distributor in Ontario. Regulated by the Ontario Energy Board, GrandBridge Energy will deliver safe and reliable electricity to 109,000 customers in Brantford, Cambridge, Brant County and North Dumfries.
The transaction is part of the merger between Brantford Energy Corporation and Cambridge and North Dumfries Energy+ Inc. to form the holding company GrandBridge Corporation.
GrandBridge Energy will continue to be 100 percent municipally-owned, with Cambridge owning 54.3 percent, Brantford owning 41 percent, and North Dumfries owning 4.7 percent.
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