PARIS – Cambridge and North Dumfries Hydro, also known as Energy+, has purchased Brant County Power Inc. for $40.2 million. County of Brant announced to the sale on Monday afternoon (May 12). The county will receive $32.2 million after settlement of debt and other obligations, which it said represents a significant premium over Brant Power’s book value. The county announced last August it was putting its utility up for sale to raise money for infrastructure and help keep property taxes under control.
