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ATCO Group to Build Western Canada's Largest Urban Solar Project in Calgary
ATCO Group to Build Western Canada's Largest Urban Solar Project in Calgary Can...
About this update from Canadian Utilities Limited Class A
[{"type":"text","content":"\n \n \n \n ATCO Group to Build Western Canada's Largest Urban Solar Project in Calgary\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 CALGARY, AB\n \n ,\n \n Sept. 29, 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 announced that it has acquired the rights to build two solar installations in\n \n Calgary\n \n aimed at providing clean, renewable energy to\n \n Alberta's\n \n power grid and supporting the transition to lower-carbon energy. Once completed, the Barlow and Deerfoot solar projects will be the largest solar installation in a major urban centre in\n \n Western Canada\n \n , at 27 and 37 megawatts respectively. This announcement follows ATCO's recent acquisition of a solar project near\n \n Empress\n \n in eastern\n \n Alberta\n \n and the completion of two solar projects in\n \n Canada's\n \n North.\n \n \n \"The acquisition of three major solar projects shows how important we believe it is to provide customers with the opportunity to decarbonize their energy consumption,\" said\n \n Bob Myles\n \n , Executive Vice President, Corporate Development, ATCO. \"Whether it's the far North or an urban centre, ATCO is delivering on our strategy to help communities accelerate their transition to clean energy in a safe, affordable and reliable manner. These solar projects are also prime examples of the kinds of opportunities we'll continue to pursue as we grow our renewables portfolio moving forward.\"\n \n \n \n The installations' combined 175,000 bifacial solar panels, covering the equivalent of roughly 170 (Canadian) football fields, will generate enough renewable electricity to power more than 18,000 homes and offset 68,000 tonnes of carbon a year.\n \n \n Through Canadian Utilities Limited, ATCO acquired the two\n \n Calgary\n \n solar projects from DP Energy, a privately held energy developer. Electricity from the projects will be sold into the\n \n Al...