Albertans Should Debate Sale of Electricity Grid

CALGARY, ALBERTA--(Marketwired - July 4, 2014) - ATCO is urging more public engagement and debate over who should own critical infrastructure before approval is given to the $3.2 billion sale of AltaLink's assets, which provides electricity to 85 per cent of Albertans.

"The electric transmission system is critical infrastructure and in every other province, but Alberta, it is owned within the province," said Nancy Southern, Chair, President & CEO, ATCO. "I believe this is a matter of principle that should be debated so that all Albertans understand the impact of such a transaction."

ATCO encourages Albertans to contact their MLAs and the Alberta Utilities Commission to express their opinions regarding the tentative sale.

ATCO Ltd., with more than 9,800 employees and approximately $16 billion in assets, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Structures & Logistics (manufacturing, logistics and noise abatement), Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction) and Technologies (business systems solutions). More information can be found at www.atco.com.

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