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ATCO Group Expands Natural Gas Storage Capacity in Canada
ATCO Group Expands Natural Gas Storage Capacity in Canada Canada NewsWire ...
About this update from Atco Ltd. Class I
[{"type":"text","content":"\n \n \n \n ATCO Group Expands Natural Gas Storage Capacity in Canada\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Dec. 2, 2021\n \n /CNW/ -\n \n ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y) / Canadian Utilities Limited (TSX: CU) (TSX: CU.X)\n \n \n \n \n \n \n \n \n \n \n The ATCO Group, through its investment in Canadian Utilities Limited, today completed the purchase of the Alberta Hub natural gas storage facility near\n \n Edson, Alberta\n \n . ATCO Energy Solutions acquired 100 per cent equity interest of the owners, Iberdrola Canada Energy Services and Amphora Gas Storage, an affiliate of ArcLight Capital Partners. ATCO will own and operate the Alberta Hub facility, complementing ATCO's existing natural gas storage capabilities at its facility near\n \n Carbon, Alberta\n \n .\n \n \n \"The addition of a second storage facility to our portfolio allows ATCO to drive efficiency, leverage our knowledge, expertise and strategic relationships, and enhance our competitive position in the\n \n Alberta\n \n storage market, while offering our customers more flexible storage solutions,\" said\n \n Bob Jones\n \n , President, ATCO Energy Solutions.\n \n \n \"Natural gas is not only a foundational energy source for our current economy, but it also serves as a critical component in the energy transition to a cleaner, lower-emitting future,\" said\n \n Bob Myles\n \n , Executive Vice President, Corporate Development, ATCO. He then added, \"Natural gas storage plays an important role in maintai...