ATCO Subsidiary to Build New Alberta Pipeline to Supply Gas to Petrochemical Project

Alberta Premier Danielle Smith speaks at the Dow Chemical announcement, that will finalized plans to construct the world's first net-zero carbon emissions ethylene and derivatives complex, in Fort Saskatchewan Alberta, on Nov. 29, 2023. The Canadian Press/Jason Franson

Canadian Utilities Ltd., a subsidiary of Calgary-based holding company ATCO Ltd., plans to build a new, $2-billion natural gas pipeline in Alberta that will supply a massive net-zero petrochemical project being built northeast of Edmonton.

The project will be the largest-ever energy infrastructure project by an ATCO Energy Systems company, said chief operating officer Wayne Stensby in an interview.