Full Name
Penny Favel
Job Title
Vice-President Indigenous Relations, Sustainability
Company
Hydro One
Speaker Bio
Penny Favel joined the Hydro One team in October of 2020 as Vice-President Indigenous Relations, a role integral to the execution of our corporate strategy and in particular, becoming a Trusted
Partner for Indigenous communities. In 2023 she became the VicePresident Indigenous Relations and Sustainability, and was appointed as the CEO and President of Hydro One Remote
Communities Inc.
Under Penny’s leadership, Hydro One developed a strategic approach to Indigenous Relations, based on a clear vision andprinciples to address meaningful Reconciliation. Penny has worked across the organization to achieve meaningful change and set new targets that help the organization achieve its strategic priorities for Reconciliation. In 2021, Penny led the development of the industry-leading First Nations Equity Partnership model for all new major Transmission Projects, which offers 50% equity on all new Transmission lines over $100 million, and meaningful opportunities to work in partnership with Indigenous communities through procurement, project committees and training.
Prior to joining Hydro One, Penny held senior roles in the energy sector as Vice-President of Environment, Land and Indigenous Relations, as well as Sustainability in Canada and the US. Penny was raised in Saskatchewan and attended the University of Saskatchewan for both her undergraduate and law degrees. She had a 20-year career in law, primarily serving as a commercial construction lawyer in Alberta before moving into Stakeholder and Indigenous Relations.
Partner for Indigenous communities. In 2023 she became the VicePresident Indigenous Relations and Sustainability, and was appointed as the CEO and President of Hydro One Remote
Communities Inc.
Under Penny’s leadership, Hydro One developed a strategic approach to Indigenous Relations, based on a clear vision andprinciples to address meaningful Reconciliation. Penny has worked across the organization to achieve meaningful change and set new targets that help the organization achieve its strategic priorities for Reconciliation. In 2021, Penny led the development of the industry-leading First Nations Equity Partnership model for all new major Transmission Projects, which offers 50% equity on all new Transmission lines over $100 million, and meaningful opportunities to work in partnership with Indigenous communities through procurement, project committees and training.
Prior to joining Hydro One, Penny held senior roles in the energy sector as Vice-President of Environment, Land and Indigenous Relations, as well as Sustainability in Canada and the US. Penny was raised in Saskatchewan and attended the University of Saskatchewan for both her undergraduate and law degrees. She had a 20-year career in law, primarily serving as a commercial construction lawyer in Alberta before moving into Stakeholder and Indigenous Relations.
