Canadian Utilities

Canadian Utilities Limited, a member of the ATCO Group of companies, is a Canada-based worldwide organization of companies with around $22 billion in assets and more than 8,000 employees.^[1]

Canadian Utilities Limited

Company type	Public
Traded as	TSX: CU
Industry	Electric Utilities
Headquarters	Calgary , Canada
Key people	Nancy Southern (CEO)
Revenue	3,796 billion CAD (2023)
Net income	717 million CAD (2023)
Total assets	23,158 billion CAD (2023)
Number of employees	8,000 (2023)
Parent	ATCO
Website	www.canadian-utilities.com

Canadian Utilities has three business units:^[2]

• ATCO Energy Systems (previously Utilities): electricity and natural gas transmission and distribution, and international electricity operations. Areas served include northern and central-eastern Alberta, the Yukon, the Northwest Territories, the Lloydminster area of Saskatchewan, and international energy users. Its subsidiaries include:
  • ATCO Electric: an electric utility company based in Edmonton, Alberta that transmits and distributes electricity to two thirds of Alberta, namely in north and east-central Alberta, as well as communities in Yukon and the Northwest Territories.
  • LUMA Energy LLC (50 per cent ownership with Quanta Services), international electricity operations.
  • ATCO Gas
  • ATCO Pipelines
  • ATCO Gas Australia
• ATCO EnPower (previously Energy Infrastructure): energy storage, electricity generation, industrial water solutions, renewables and 'next energy' - including hydrogen, ammonia, hydro, liquefied natural gas, natural gas, and carbon capture. Areas served include Alberta, the Yukon, the Northwest Territories, Ontario, Australia, Mexico, and Chile. Its subsidiaries include:
  • ATCO Renewables (previously ATCO Power)
  • ATCO Next Energy (previously ATCO Energy Solutions)
  • ATCO Power Australia
• ATCO Energy: electricity and natural gas retail sales, and whole-home and business solutions. Includes Canadian Utilities Limited Corporate, and Other segments.

Canadian Utilities' controlling share owner is the Southern family.^[3]