Canadian Utilities

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Canadian Utilities is a diversified global energy company headquartered in Calgary, Alberta, Canada. It is a subsidiary of ATCO Ltd., a leading energy infrastructure company in North America with operations in more than 100 countries. Canadian Utilities was founded in 1927 and has grown to become one of the largest energy providers in Canada, serving more than 2 million customers worldwide.
Business operations
Canadian Utilities is involved in several areas of the energy sector, including electricity generation, transmission and distribution, natural gas transmission and distribution, and energy-related infrastructure solutions. The company also provides retail energy and water solutions, as well as energy management and infrastructure services.
Electricity Generation
Canadian Utilities owns and operates a diverse portfolio of electricity generation facilities across Canada and in Australia, with a total generating capacity of over 7,000 megawatts. These facilities include hydro, natural gas, coal, and renewable energy plants.
Transmission & Distribution
Through its subsidiary, ATCO Electric, Canadian Utilities is responsible for the transmission and distribution of electricity in Alberta, serving over 1.5 million customers. The company also has electricity transmission operations in Australia, serving over 850,000 customers.
Natural Gas
Canadian Utilities owns and operates natural gas distribution systems in Alberta, providing service to over 1.2 million customers. The company also has natural gas transmission operations in Australia, serving over 755,000 customers.
Infrastructure Solutions
Canadian Utilities is involved in the construction, operation, and maintenance of a wide range of energy-related infrastructure. This includes gas and electricity distribution systems, pipelines, and storage facilities, as well as telecommunications and water infrastructure.
Retail Energy and Water Solutions
Through its subsidiary, ATCOenergy, Canadian Utilities offers retail natural gas and electricity services to residential and commercial customers in Alberta. It also provides water and wastewater services in select communities in Alberta and the Northwest Territories.
Energy Management and Infrastructure Services
Canadian Utilities provides energy management and infrastructure services to industrial, commercial, and institutional customers, including custom energy solutions, energy efficiency consulting, and asset management services.
Sustainability and Community Involvement
Canadian Utilities is committed to sustainable practices and reducing its environmental footprint. The company is a leader in renewable energy development and has set ambitious targets to reduce greenhouse gas emissions. It also actively engages with local communities and supports various charitable and community initiatives.
Stock information and financial performance
Canadian Utilities' stock is listed on the Toronto Stock Exchange (TSX) under the symbol "CU." As of October 2021, the company has a market capitalization of over $11 billion. In 2020, Canadian Utilities generated total revenue of nearly $5.5 billion and had net earnings of $523 million.
In conclusion, Canadian Utilities is a leading energy company in Canada, with a diversified portfolio of businesses in the energy sector. The company is committed to sustainable practices and community involvement, and it has a strong track record of financial performance.

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