CORPORATE

CORPORATE

Corporate News and Information

Town of Cobourg Holdings Inc. (“Holdco”) was incorporated under the Business Corporation Act (Ontario) on April 12, 2000 and through its affiliates, is engaged in the distribution of electricity and associated business activities.  The company serves over 10,300 residential and commercial customers across the Town of Cobourg and the Village of Colborne.

Holdco serves its customers through two operations:

• Lakefront Utilities Inc. (LUI) a regulated utility through which it distributes electricity and promotes energy conservation; and
• Lakefront Utility Services Inc. (LUSI) a non-regulated services company which provides services to municipalities related to the design, operation, and maintenance of water systems and high-speed dedicated data systems.

The Corporation of the Town of Cobourg is the majority shareholder of Holdco with the Township of Cramahe (Colborne) owning one share.