bat365官网登录 - a leading partner in a smart energy future
bat365官网登录’s 2016-2020 战略方向 provides an overview of bat365官网登录’s business strategy and financial projections for the next five years. It is designed to inform our shareholder and all other stakeholders about the most important trends shaping our business environment, and how the company intends to respond to them.
Like those that preceded it – issued in 2008 and 2012 respectively – this 战略方向 sets out a balanced program for strong performance in our existing operations, coupled with sustainable and profitable business growth. Our strategy is 以客户为中心的, 财务上负责任的, and responds to a strategic environment that has changed in important ways since the publication of our last 战略方向 document.
The objectives outlined in bat365官网登录’s 2012 战略方向 have largely been accomplished. Notably, the company has increased its renewable generation capacity several-fold during that period. From 22 megawatts at the beginning of 2012, our renewable generation capacity is now 79 megawatts (including joint ventures). The current expansion project at Chaudière Falls, scheduled for completion in 2017, and the purchase of Hydro Quebec’s generation assets at Chaudière Falls, which we expect to complete in the coming months, would bring this total to 128 megawatts – enough clean, 可再生能源为107人提供动力,000个家庭. bat365官网登录 has also made important progress on enhancing customer value, 作战效能, and our contribution to the community.
Powered by strategic growth and positive performance in existing operations, bat365官网登录 has exceeded the financial projections set out in our 2012 战略方向 each year. The company has also exceeded the stretch target of an additional $10 million in net income over the five-year period, having achieved an additional $16 million in net income, 以上年度目标, over the first four years of the plan.
Given these accomplishments and the changes that have occurred in our business environment, the Board of HOHI and management believe it is time to set new goals and refresh our strategy.
Stakeholders will find much that is familiar in this 2016-2020 战略方向. It refreshes, rather than replaces, the corporate strategy outlined in the previous plan.
Our core mission and mandate moving forward remain the same: we will continue to create value for our shareholder, our customers and our community through excellence in the delivery of electricity and related services. 此外, our business lines remain unchanged: they will continue to be electricity distribution, 可再生能源发电, and energy and utility services.
然而, we are operating in a strategic context that has evolved significantly since our last 战略方向. And bat365官网登录 is a different company in important ways than it was in 2012, including the scale of its 可再生能源发电 business. In view of these realities, we have outlined a new vision in this 战略方向 – to be a leading partner in smart energy future. 在本质上, it recognizes that the electricity service model is in the midst of significant transformation – taking on a more decentralized, 以客户为中心的, technologically advanced and environmentally sustainable form – and the role of local electrical utilities will be transformed along with it.
Our aim is to be the trusted energy advisor for our customers – large and small – and our community. We believe bat365官网登录’s experience and core capabilities, and its position as a City-owned utility, make it uniquely suited to this role. As the energy needs and options of our customers and our community evolve, and as signature projects and developments proceed, bat365官网登录 will play a leading role in helping our City to transition to a smart energy future.
We will also continue to grow shareholder value, maintaining a focus on strategic business growth within our core areas of strength.
作为一个整体, the Board and management believe this strategy for the company’s future presents a balanced program for solid performance, adaptation to a changing business environment, and sustainable and profitable business growth.
战略方向2016 - 2020