Hydro Ottawa Holding Inc. initiated a consent solicitation to amend the terms of four series of its outstanding Canadian dollar senior unsecured debentures. The proposed amendments aimed to facilitate a corporate reorganization, transferring interests in certain subsidiaries to newly formed entities, Hydro Ottawa Capital Corporation (HOCC) and Hydro Ottawa Energy Services Inc. (HOESI). As part of this reorganization, HOCC would assume all obligations related to the debentures and specific credit facilities, releasing Hydro Ottawa from these commitments.