20180126Avista to Staff_DR_005(H1).docx

HYDRO ONE LIMITED
RESPONSE TO REQUEST FOR INFORMATION
JURISDICTION:OREGONDATE PREPARED:10/02/2017
CASE NO.:UM 1897WITNESS:Mayo Schmidt/Chris Lopez
REQUESTER:PUC StaffRESPONDER: Adele PantusaTYPE:Data RequestDEPT: Law
REQUEST NO.:Staff – 005(H1)TELEPHONE:[phone]EMAIL:[e-mail]
REQUEST:
Please describe the process by which the Hydro One BOD approves the capital and financial structure of the Company.RESPONSE:
Hydro One Limited undergoes an annual Business Planning cycle to derive a Consolidated Business Plan, which typically is five years in length. The plan is aligned with Hydro One’s strategic and business goals, and is built up by segment. The pro-forma financial statements, along with key financial metrics are reviewed and recommended to the Board for approval.