With more than $3.3 billion in assets and more than 1,300 employees in Quebec,
Gaz Métro Limited Partnership is a leading Quebec energy company and one of Canada's largest natural gas distributors. Gaz Métro serves some 180,000 customers in Quebec through an underground pipeline network of more than 10,000 km.
Through its wholly-owned subsidiary, Northern New England Energy Corporation (NNEEC), Gaz Métro has been active in New England’s energy industry since 1986 and has about 300 employees there. NNEEC includes Vermont Gas Systems, Inc., the sole natural gas distributor in Vermont, and Green Mountain Power Corporation, the second largest electricity distributor in that State.
Gaz Métro also owns significant investment interests in two natural gas transportation enterprises (Trans Québec & Maritimes Pipeline and Portland Natural Gas Transmission System) and in an enterprise specializing in underground natural gas storage facilities (Intragaz). Gaz Métro Plus, a subsidiary of Gaz Métro, provides maintenance and repair services for natural gas equipment, urban cooling and heating systems (CDH Solutions & Operations) and leased water heaters, including electric water heaters (HydroSolution). Through various subsidiaries and affiliates, Gaz Métro is also active in water and waste water infrastructure diagnosis (Aqua Data) and fibre optics (MTO Telecom).
The Partnership is 29% owned by the public and 71% owned by Gaz Métro inc., which in turn is 100% owned by Noverco Inc., whose shareholders are Trencap L.P. (50.4%), Enbridge (32.1%) and GDF SUEZ (17.5%).