Canadian Utilities Ltd. (CU)

Overview

Canadian Utilities Limited, along with its subsidiaries, embarks on a broad operational path covering electricity, natural gas, renewables, pipelines, liquids, and retail energy sectors across Canada, Australia, and globally. Encompassed within its operational framework are the ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments, each specializing in varying facets of the energy and utilities landscape. As a subsidiary of ATCO Ltd., Canadian Utilities Limited was founded in 1927 and has its headquarters in Calgary, Canada, symbolizing a significant legacy and expertise in the energy sector. The company’s extensive operations, spanning regulated services and innovative energy solutions, reflect its commitment to infrastructure development, environmental stewardship, and adaptive energy services tailored to meet contemporary needs.

Products and Services

• Regulated Electricity Transmission and Distribution

This service caters to the regions of northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan, providing critical infrastructure for electricity delivery to consumers and businesses alike.

• Natural Gas Transmission and Distribution

In Alberta, the Lloydminster area of Saskatchewan, and Western Australia, Canadian Utilities offers integrated services for the transmission and distribution of natural gas, essential for heating, electricity, and various industrial processes.

• Natural Gas Pipelines and Storage

The company's assets include approximately 9,100 kilometers of natural gas pipelines, 11 compressor sites, around 3,600 receipt and delivery points, and a notably strategic salt cavern natural gas storage facility near Fort Saskatchewan, Alberta, enhancing energy security and supply flexibility.

• Electricity Generation from Hydro, Solar, Wind, and Natural Gas

With a focus on diversified and sustainable energy sources, Canadian Utilities engages in the generation of electricity through hydro, solar, wind, and natural gas across Alberta, the Yukon, the Northwest Territories, Australia, Ontario, Mexico, and Chile.

• Industrial Water Solutions and Clean Fuels

Furthering environmental sustainability and innovation, the company invests in industrial water solutions, clean fuels such as hydrogen, carbon capture, underground storage projects, showcasing its commitment to future energy solutions and a reduced carbon footprint.

• Retail of Electricity and Natural Gas

In addition to its large-scale operations, Canadian Utilities also provides retail services, offering electricity and natural gas directly to consumers, accompanied by whole-home solutions that emphasize energy efficiency and reliability.