ATCO's rise from a dozen utility trailers to a blockbuster deal
Calgary-based ATCO is merging with Halifax-based Emera Inc. in a $72 billion deal to create one of North America's largest utility companies. The transaction will result in a corporate restructuring, with ATCO's remaining assets forming a new publicly traded entity.
Why it matters
This merger represents a major consolidation in the North American energy and utility sector, impacting market competition and corporate infrastructure.
Breadcrumb Trail Links Home Business Energy Local Business Share this Story : Calgary Herald Copy Link Email X Reddit Pinterest LinkedIn Tumblr ATCO's stunning rise from a dozen utility trailers to blockbuster Emera deal Nearly 80 years on, Calgary’s ATCO is seeing its biggest change yet. What’s next for one of Alberta’s most prominent corporate empires?
Join the conversation ATCO will merge with Halifax-based Emera Inc. in a deal set to form one of North America’s largest utility businesses, valued at $72-billion. Supplied Article content ATCO Ltd. began with over a dozen utility trailers and $1,077 in revenues, betting on the worksite needs of Alberta’s first oil boom.
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