ATCO to streamline utility plants
- ATCO Ltd. is consolidating its generation assets under one subsidiary to streamline ownership structure and cut administrative costs, the energy, utilities and structures said recently.
The company's board of directors approved the transfer of ATCO's wholly owned subsidiary ATCO Resources to ATCO Power, a wholly owned subsidiary of Canadian Utilities Limited.
Both subsidiaries have interests in a total of 10 generation plants in Canada, with ATCO Resources valued at $82.5 million, net of existing debt.
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External investigators looking into alleged assaults by Manitoba Hydro workers
WINNIPEG - Manitoba RCMP have called in outside investigators to probe alleged assaults linked to hydro projects in the province’s north during the 1960s.
RCMP say any historical criminal investigations involving Manitoba Hydro employees or contractors will be handled by the Ontario Provincial Police.
The Independent Investigation Unit of Manitoba, the province’s police watchdog, will investigate any allegations involving RCMP officers.
A report released last month by an arm’s-length review agency outlined racism, discrimination and sexual abuse at the Crown-owned utility’s work sites dating back decades.
Much of the development at that time was centered around the community of Gillam and the nearby Fox…