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Canadian Utilities partnership completes $1.6-billion Fort McMurray project ahead of schedule

Christian Fernsby |
Canadian Utilities Limited said that the Fort McMurray West 500-kV Transmission Project was energized three months ahead of schedule, on-budget and with an impeccable safety record.

This 508-km transmission line, running from Wabamun, Alta., just west of Edmonton, to Fort McMurray will provide essential electricity, greater reliability and enhance the transmission system to meet growing demands in northern Alberta.

Valued at $1.6 billion, the project was financed through the largest public-private-partnership (P3) bond in Canadian history. It is also the longest 500-kV AC transmission line in Canada and was ranked among the top 50 infrastructure projects in Canada.

“In 2014, we competed against global proponents to win the bid for this critical piece of electricity transmission infrastructure. Today, along with our partner Quanta Services, we successfully completed construction on this project ahead of schedule and on-budget,” said Wayne Stensby, Managing Director, Electricity, ATCO.

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