Canadian Utilities Limited
TSX : CU.NV
TSX : CU.X
TSX : CU.PT
TSX : CU.PV
TSX : CU.PD
TSX : CU.PB
TSX : CU.PA

Canadian Utilities Limited
CU Inc.

CU Inc.

April 05, 2006 17:35 ET

CU Inc. Files Preliminary Base Shelf Prospectus

CALGARY, ALBERTA--(CCNMatthews - April 5, 2006) - CU Inc. announced today, together with its dealers RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and TD Securities Inc., that it has filed with the securities commissions in each of the provinces of Canada a Preliminary Base Shelf Prospectus to issue up to $850,000,000 of Debentures in tranches as required over the next 25 months. The proceeds will be used to fund utility capital expenditures, to repay existing indebtedness and for other general corporate purposes.

CU Inc. is a wholly owned subsidiary of Canadian Utilities Limited, part of the ATCO Group of Companies. ATCO Group is an Alberta based, worldwide organization of companies with more than 7,000 employees actively engaged in Power Generation, Utilities and Global Enterprises. More information about CU Inc. can be found on the Canadian Utilities Limited website, www.canadian-utilities.com.

Contact Information

  • CU Inc.
    K.M. (Karen) Watson
    Senior Vice President & Chief Financial Officer
    (403) 292-7502