Elexicon Corporation released its 2025 Annual Report on June 17, 2026, detailing a year of strategic progress and operational groundwork. The report, titled 'A Year of Progress, a Future in Motion,' highlights the company's delivery on strategic firsts and its preparation for long-term sustainable performance. This follows the company's five-year anniversary milestone celebrated in 2024.

Amanda Klein, President and CEO of Elexicon, stated that the company successfully continued its role in providing safe and reliable electricity to rapidly growing communities in Canada. She emphasized that Elexicon is building a first-class utility capable of delivering lasting value for customers, communities, and investors. The report and a video message from Klein are available on the company's website.

Corporate Structure

Elexicon Corporation is a holding company 100 per cent owned by five municipal shareholders. The ownership structure includes the Town of Whitby, the City of Pickering, the Town of Ajax, the Municipality of Clarington, and the City of Belleville.

Operations

Elexicon Corporation is the single shareholder of Elexicon Energy. Elexicon Energy is the fourth largest municipally owned electricity distributor in Ontario. The company powers more than 180,000 homes and businesses across several regions.