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ATCO subsidiary, Canadian Utilities, granted key approval on multi-billion-dollar pipeline
ATCO subsidiary, Canadian Utilities, granted key approval on multi-billion-dollar pipeline ...
About this update from Atco Ltd. Class I
[{"type":"text","content":"\n\n\n\n ATCO subsidiary, Canadian Utilities, granted key approval on multi-billion-dollar pipeline\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n Alberta Utilities Commission grants approval of the Need Assessment Application for the Yellowhead Pipeline Project\n \n\n\n\n\n\n Progressing this strategic energy infrastructure represents a key milestone in ATCO's growth strategy across energy, housing and defence.\n \n\n\n\n\n\n The project is expected to create 2,000 direct jobs and supports an average of 12,000 jobs annually through related downstream investments. Once operational, the downstream investments are estimated to contribute\n \n $3.9 billion\n \n * annually to\n \n Alberta's\n \n GDP.\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Aug. 22, 2025\n \n\n /CNW/ -\n \n ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)\n \n\n\n\n\n\n\n\n\n\n ATCO Ltd. (ATCO or the Company) today announced that its subsidiary, Canadian Utilities Limited, has received approval from the Alberta Utilities Commission (AUC) on the Need Assessment Application for the\n \n Yellowhead Pipeline Project\n \n , marking a major milestone in the development of\n \n Alberta's\n \n energy infrastructure.\n \n\n \"This Alberta Utilities Commission decision affirms the strategic importance of the Yellowhead Pipeline in supporting\n \n Alberta's\n \n long-term energy resilience with infrastructure that will empower communities, enable industrial growth and reinforce our commitment to responsible development across the province,\" said\n \n Nancy Southern\n \n , Chair & Chief Executive Officer, ATCO. \"I want to commend the Canadian Utilities team for their diligence and integrity in engaging with communities along the proposed route; this thoughtful consultation has been instrumental in shaping a project that reflects both local priorities and broader energy needs.\"\n \n\n The Yellowhead Pipeline will strategically expand the capacity of\n \n Alberta's\n \n highly integrated natural gas transmission system. Spanning just over 230 kilometres from the\n \n Peers\n \n ...