Hydro One Ltd

H: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 71.00	Rrc	Lshxvzysb

Hydro One's Constructive Rate Settlement Approved by Regulators

Andrew Bischof

Dec 1, 2022

We are maintaining our CAD 30 fair value estimate for Hydro One after the company received Ontario Energy Board regulatory approval for its previously agreed-to settlement in its 2023-27 joint rate application. We continue to believe Hydro One has no economic moat.

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