Thursday, June 30 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Jun 27
Week of Jun 20
Week of Jun 13
Week of Jun 06
Week of May 30
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    ACO Globe says Atco boss upbeat on Alberta, hydrogen

    May 12, 2022 - Canada StockWatch


      Atco Ltd (TSX:ACO)

      Shares Issued 101,198,249

      Last Close ACO.X 5/11/2022 $46.35

      Thursday May 12 2022 - In the News

      The Globe and Mail reports in its Thursday edition that Atco chief executive officer Nancy Southern told shareholders in Calgary on Wednesday that it has been tough to find growth opportunities in Alberta since commodity prices crashed in 2015, but she feels the province's economy is once again picking up steam.The Globe's Emma Graney writes that over the past 36 months, Atco has set its sights on areas with the fewest barriers to opportunities, she told the company's annual meeting. Atco is "doubling down on Australia, and committing significant resources and capital to growth" in the country, where it develops, builds, owns and operates energy and infrastructure assets.Ms. Southern is particularly upbeat about the opportunities that hydrogen presents for Australia and Alberta, where Atco has a range of partnerships centred on the low-emission fuel. They include a joint venture with Suncor Energy to build a hydrogen production facility, and an agreement with CP Rail to build two hydrogen production and refuelling stations. Atco is also in discussions with General Motors about getting involved in long-haul trucking powered by hydrogen fuel cells. Hydrogen, she added, is emerging as a "really exciting" industry.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.