Guelph Hydro Electric Systems Inc. completes C$65 million private placement offering of debentures

Date Closed: 12/06/2010

Value: C$65 million

On December 6, 2010, Guelph Hydro Electric Systems Inc. (Guelph Hydro), closed a private placement of $65 million of 5.264% Series A Senior Unsecured Debentures, due December 6, 2030 (Series A Debentures). The net proceeds of the Series A Debentures will be used to refinance indebtedness owed to the City of Guelph and Guelph Hydro Inc., for capital expenditures and for general corporate purposes.

Guelph Hydro was re presented by BLG, with a team led by Linda Bertoldi, including Paul Findlay, Dyana McLellan, James Sidlofsky and Mark Lau.