On June 10, 2024, Alectra Energy Services Inc. (a division of Alectra Inc.) announced that it had acquired Gagnon Line Construction (GLC), a storm restoration and electrical services business located in New Brunswick.
The acquisition of GLC along with Alectra's existing company, Holland Power Services Inc., will create the largest electricity grid storm restoration company in Eastern Canada. Both companies operate primarily in Eastern Canada and the US providing emergency power restoration services in the wake of power outages caused by severe weather events. GLC also provides various electrical services to utility and industrial customers in Atlantic Canada, including specialized equipment testing, installation, maintenance and repairs to power infrastructure.
Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Inc., through its subsidiary Alectra Utilities is the largest municipally owned electric utility in Canada, based on the total number of customers served.
Gowling WLG advised Alectra Inc. with respect to this acquisition with a team that included Robert Hull, Edward Johnston and Joseph McDonald (corporate/M&A); Pierre-André Hamel, notary Tamar Chamelian and paralegal Martine Robert (real estate); Josée Gervais (employment); Paul Carenza (tax); and student-at-law Chantel Costa.