Global Growth Highlights: Transmission​

Transmission

Total capital expended in the Utilities over the last three years was $6.4 billion. The largest expenditures were in the transmission operations of ATCO Electric. The Alberta Electric System Operator (AESO) has identified the need for major reinforcement and expansion of the electricity transmission system in Alberta, and ATCO Electric is dedicated to improving Alberta’s electrical system through responsible transmission development.

The Company plans to invest $4.8 billion in capital expenditures in the Utilities segment during the period 2015 to 2017. Of this amount, ATCO Electric is planning to spend $3.1 billion, of which $1.2 billion relates to projects directly assigned from the AESO to meet the needs it has identified to reinforce and expand Alberta’s electricity transmission system to meet future demand.