Canadian Utilities Ltd T.CU.PR.I

ATCO Energy Systems announces key regulatory filing

[Betteryear2]

CALGARY, AB, Sept. 18, 2024 /CNW/ - Canadian Utilities Limited (TSX: CU)

• ATCO Energy Systems advances Alberta energy infrastructure with filing of Yellowhead Mainline application with Alberta Utilities Commission.
• Application demonstrates clear need for new infrastructure to support energy, petrochemical, building materials and hydrogen projects that use natural gas and carbon capture technology to produce products the world demands with lower emissions than previously possible.
• The Yellowhead Mainline project is expected to expand the capacity and enhance the efficiency of the province's natural gas network, delivering the energy required for Alberta's growing industry and population.
• Expected to create thousands of direct jobs during construction and enable more than $20 billion of investment and associated employment in Alberta while also providing additional market access to producers.

ATCO Energy Systems today announced the filing of a comprehensive regulatory application that establishes the need for the Yellowhead Mainline natural gas project and represents the first of two applications to the Alberta Utilities Commission. This significant milestone in the advancement of the project allows for further major steps, including long-lead material and equipment orders and entering into other commitments once approved.

ATCO Energy Systems announces key regulatory filing to advance the Yellowhead Mainline natural gas project, a major infrastructure initiative to drive economic growth in Alberta (newswire.ca)