ATCO partnership wins $1.43 billion competitive transmission project

CALGARY, Alberta – - CALGARY, Alberta – Following a worldwide competitive process, Alberta PowerLine, a partnership between ATCO and Quanta Services, has been selected by the Alberta Electric System Operator AESO to design, build, own, operate and finance the Fort McMurray West 500-kilovolt kV Transmission Project.

Alberta PowerLine is 80 percent owned by Canadian Utilities Limited, an ATCO company, and 20 percent owned by Quanta Services. Valued at $1.43 billion, the project was awarded through AlbertaÂ’s recently instituted competitive process.

“We are pleased to have come out on top in this international competition to build and operate this critical piece of transmission infrastructure to help meet the growing demand for electricity in our province,” said Sett Policicchio, President, ATCO Electric, Transmission. “We worked very hard to submit a bid that provided the best possible infrastructure solution at the lowest possible cost to Albertans—a commitment we make every day to millions of customers in delivering electricity and natural gas services across the province.”

Under the partnership, Valard Construction, a Canadian subsidiary of Quanta, will provide turnkey EPC services for the project while ATCO Electric, an ATCO company, will be responsible for route planning and operations and maintenance of the transmission facilities for 35 years. ATCO and Valard are both made-in-Alberta companies with a decades-long relationship successfully building northern AlbertaÂ’s electricity infrastructure.

The project consists of approximately 500 kms of 500 kV transmission line and associated facilities running from Wabamun west of Edmonton to Fort McMurray. The AESO has estimated that the demand for electricity in northeastern Alberta will more than double over the next 10 years. This project will increase the capacity of the electricity system and help to ensure that this economically vital area of the province has the power it needs.

Related News

Germany considers U-turn on nuclear phaseout

BERLIN - The German chancellor on Wednesday said it might make sense to extend the lifetime of Germany's three remaining nuclear power plants.

Germany famously decided to stop using atomic energy in 2011, and the last remaining plants were set to close at the end of this year.

However, an increasing number of politicians have been arguing for the postponement of the closures amid energy concerns arising from Russia's invasion of Ukraine. The issue divides members of Scholz's ruling traffic-light coalition.

What did the chancellor say?
Visiting a factory in western Germany, where a vital gas turbine is being stored, Chancellor Olaf Scholz…

READ MORE
Port Hawkesbury Paper

Nova Scotia's last paper mill seeks new discount electricity rate

READ MORE

With a Focus on Local Response, PG&E Prepares for Winter Storm Season

READ MORE

Electric cars will challenge state power grids

READ MORE

Energy experts: US electric grid not designed to withstand the impacts of climate change

READ MORE