CityNews: OPG, Hydro One create Ivy electric vehicle charging network

by News Staff and The Canadian Press – Posted Feb 14, 2020 10:14 am EST – Last Updated Feb 14, 2020 at 11:31 am EST

A car is charged at a charge station for electric vehicles on Parliament Hill in Ottawa on May 1, 2019. THE CANADIAN PRESS/Sean Kilpatrick

TORONTO — Two of Ontario’s biggest utilities have formed a new company to create a province-wide fast-charger network for electric vehicles.

The Ivy Charging Network is scheduled to have 160 Level-3 fast-chargers at its 73 locations throughout southern, eastern and western Ontario.

The Ivy is a limited partnership owned equally by the government-owned Ontario Power Generation and Hydro One Ltd., a publicly-traded former Crown corporation that owns the province’s largest electric grid.

They say the Ivy network will be an unregulated business that can provide a new revenue stream for both companies without affecting Ontario electricity rates.

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