Sept 26 (Reuters) - Hydro One Ltd H.TO :
* HYDRO ONE FILES A NEW APPLICATION WITH THE ONTARIO ENERGY BOARD TO ACQUIRE ORILLIA POWER DISTRIBUTION FROM THE CITY OF ORILLIA
* HYDRO ONE LTD - TOTAL TRANSACTION VALUE OF $41.3 MILLION
* HYDRO ONE LTD - HYDRO ONE WILL PAY CITY OF ORILLIA$26.35 MILLION FOR ORILLIA POWER
* HYDRO ONE LTD - WILL ASSUME APPROXIMATELY $14.9 MILLION OF DEBT AND REGULATORY LIABILITIES
* HYDRO ONE - CO AND CITY OF ORILLIA HAVE ALSO ENTERED INTO SEPARATE FACILITIES AND LAND PURCHASE AGREEMENTS TO CONSTRUCT INNOVATIVE TECHNOLOGY HUB