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ARTICLE · 27 DECEMBER 2019

Indigenous Ownership In Energy Infrastructure

Bennett Jones LLP
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Seven Indigenous communities in Alberta now own a combined 40% equity stake in Alberta PowerLine and its award-winning Fort McMurray West 500-kV Transmission Project.

CanadaGovernment, Public Sector
The Success What It Means
Seven Indigenous communities in Alberta now own a combined 40% equity stake in Alberta PowerLine and its award-winning Fort McMurray West 500-kV Transmission Project.
Alberta PowerLine is an example of industry and Indigenous communities in Canada working together on large commercial transactions and world-class infrastructure.

Setting a New Standard

Alberta PowerLine (APL) is a partnership between Canadian Utilities Limited (CU), an ATCO company, and Quanta Services. APL was selected in 2014 to design, build, own and operate the $1.6-billion Fort McMurray West 500-kV Transmission Project.

The 508-km transmission line is the longest of its kind in Canada and was energized in March 2019. It was financed through the largest P3 bond transaction in Canadian history and has been recognized for creating a new standard of excellence in P3 projects.

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