ATCO Ltd.
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ATCO Ltd.
ATCO Gas

ATCO Gas

March 10, 2009 12:25 ET

ATCO Gas Showcases Environmental Leadership in New Viking Operations Centre

Company's First-Ever Geothermal Facility Uses Renewable Energy to Provide Heat

CALGARY, ALBERTA--(Marketwire - March 10, 2009) - ATCO Gas showcased environmental leadership Tuesday with the official opening of the Viking Operations Centre, the company's first geothermal facility that draws on heat energy from within the earth's crust.

"The Viking Operations Centre showcases ATCO's commitment to the environment by piloting the use of alternative energy technology," said Siegfried Kiefer, Managing Director, Utilities & Chief Information Officer, ATCO Group. "This flagship facility raises the bar for sustainable-building standards at ATCO."

The new 5,576 square-foot ATCO facility includes heat-exchanger pipes installed into 14 bore holes drilled 200 feet deep into the earth. It also contains energy efficient lighting, insulation and a high-efficiency water heater. The building has been designed to reduce carbon dioxide emissions by approximately 15 tonnes annually.

Added Brian Hahn, President, ATCO Gas: "Today marks another great milestone for our company. The new Viking Operations Centre helps us reduce our local carbon footprint while improving operational efficiency so we can provide exceptional customer service and maintain delivery rates among the lowest in Canada."

The Viking Operations Centre is the first business located in a new business park, jointly developed and owned by the Town of Viking and Beaver County. It is one of several green initiatives the ATCO Group of Companies is undertaking including geothermal and solar thermal projects in both southeast Calgary and the Town of Okotoks.

"Viking is an environmentally advanced community and is becoming a leading centre for environmental innovation," said Nancy Southern, President & Chief Executive Officer, ATCO Group. "This new facility complements the new business park and the economic growth the community is pursuing."

ATCO Gas provides safe, reliable natural gas distribution to more than one million Albertans. More information about the company can be found on its website at www.atcogas.com. ATCO Gas is part of the ATCO Group of Companies. ATCO Group, an Alberta-based worldwide organization of companies with assets of approximately $8.7 billion and more than 7,700 employees, is comprised of three main business divisions: Power Generation, Utilities (natural gas and electricity transmission and distribution) and Global Enterprises (industrial manufacturing, technology, logistics and energy services). Additional information on ATCO Group can be found at www.atco.com.

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves 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 information. The Corporation believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon.

Any forward-looking information contained in this news release represents the Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

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