CALGARY, ALBERTA--(Marketwired - Feb. 20, 2014) -
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ATCO Energy Solutions announced today that it has signed a Relationship Agreement with the Simpcw First Nation, in the North Thompson and Robson Valley region of B.C. that will see the two parties jointly pursue a number of sustainable business opportunities related to energy infrastructure development.
"We look forward to working with the Simpcw on several projects within their territory," said Patrick Creaghan, President, ATCO Energy Solutions. "We are confident that ATCO Energy Solutions' expertise in non-regulated energy infrastructure will contribute to creating a mutually successful partnership."
This agreement builds on ATCO's more than 30-year history of partnering with Indigenous communities and ATCO Energy Solutions will draw upon the existing expertise of ATCO's various business lines in the areas of electricity infrastructure, power generation, workforce accommodation and pipeline solutions.
By partnering with ATCO, the Simpcw will be able to further its strategic goal of creating a strong future for its members.
"Together with ATCO, we are encouraged by the opportunities that our people will benefit from as energy projects are developed within our territory," said Chief Rita Matthew, Simpcw First Nation. "This agreement is designed to establish and foster a positive working relationship based on mutual trust, respect and common interests."
ATCO Energy Solutions builds, owns and operates non-regulated energy and water-related infrastructure. The company offers industrial water infrastructure solutions; natural gas gathering, processing and storage and natural gas liquids extraction, transportation and services to the energy industry. To learn more visit www.atcoenergysolutions.com.
ATCO Energy Solutions is part of the ATCO Group of Companies. ATCO Group, with more than 9,800 employees and assets of approximately $16 billion, 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).
Certain statements contained in this news release may constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "plan", "expect", "may", "will", "intend", "should", and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes that the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. The Corporation's actual results could differ materially from those anticipated in these forward-looking statements as a result of regulatory decisions, competitive factors in the industries in which the Corporation operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Corporation. The forward-looking statements contained in this news release represent the Corporation's expectations as of the date hereof, and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
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