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ALBERTA COMMUNITIES BENEFIT FROM ATCO'S ENERGY TRANSITION GRANTS

T.ACO.X

CALGARY, AB, Nov. 20, 2023 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)

Clean Energy Community Fund (CNW Group/ATCO Ltd.)

Today, ATCO announced the recipients of our 2023 Clean Energy Community Fund, a new grant making program that supports organizations on their energy transition journey. Twelve Alberta schools, community groups and municipalities will receive funding to help them achieve their energy and sustainability goals, with projects that include energy audits, community charging stations, solar panel installations and LED light conversions.

"ATCO's financial support allows our students to turn their ideas and learning into meaningful action," said Jessica Puurunen, who is the Science Team Leader at Our Lady of the Snows Catholic Academy in Canmore. "The research and calculations that went into our school's energy audit was an excellent project; however, we now have the real dollars to invest into actioning those recommendations. Students will see their theoretical work turn into real, tangible impacts on our school's energy efficiency."

ATCO believes a sustainable future involves increasing energy efficiency and requires the adoption of innovative solutions to better serve our communities.

"For ATCO, sustainability is more than an aspiration; it is interwoven with our strategy, our day-to-day operations, the products and services we provide, and part of our community investment endeavors," said Melanie Bayley, President, ATCO Electric. "We are proud to be at the forefront of the energy transition, and in a position to provide financial support to organizations and municipalities who are looking at ways to decarbonize and lower GHG emissions."

The 2023 ATCO Clean Energy Community Fund will fund the following projects:

Organization

Community

Project

Col. Moore Branch No. 26 Banff, Royal Canadian Legion

Banff

Energy audit

MD of Smoky River No. 130

Smoky River

Level 2 & Level 3 EV community charging station

Midlandvale Community Hall

Drumheller

Solar panels to power Skate Shack at the new outdoor accessible skating rink

New Myrnam School

Myrnam

Solar panel installation at CTEC facility

Our Lady of the Snows

Canmore

School recommissioning initiatives

SAIT

Calgary

Program on sustainable technology &

research with Indigenous communities

Stepping Stones Crisis Society

Cold Lake

Net zero goals to reduce carbon emissions

to their new facility

Town of Castor

Castor

Appliance upgrades to East Central

Ambulance Association

Town of Diamond Valley

Diamond Valley

Solar system on top of roof at

Scott Seaman Sports Rink

Town of Smoky Lake

Smoky Lake

Energy upgrades for the town office

Town of Trochu

Trochu

LED light conversion for community arena

Village of Linden

Linden

LED light conversion for two facilities

To learn more about these projects, click here.

ATCO's Clean Energy Community Fund

Launched in June 2023, the Clean Energy Community Fund awards grants to municipalities, non-profits and schools across Alberta, to a maximum of $15,000 each. To be eligible, applicants must reside or operate within an ATCO Gas or ATCO Electric service area in Alberta. Applications for the Clean Energy Community Fund will re-open Spring 2024.

Investor & Analyst Inquiries:
Colin Jackson
Senior Vice President, Finance, Treasury & Sustainability
Colin.Jackson@atco.com
403 808 2636

Media Inquiries:
Kurt Kadatz
Director, Corporate Communications
Kurt.Kadatz@atco.com
587 228 4571

SOURCE ATCO Ltd.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2023/20/c6029.html



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