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ATCO's Yellowhead Pipeline Receives Final AUC Approval, Construction to Begin Immediately

Newswire.ca - Mon Jul 20, 6:00AM CDT

CALGARY, AB, July 20, 2026 /CNW/ -- Canadian Utilities Limited (TSX: CU)

The Alberta Utilities Commission (AUC) has approved the Yellowhead Pipeline project from Canadian Utilities Limited, an ATCO Company, clearing the way for construction of a $2.9 billion natural gas infrastructure project that will support Alberta's continued economic growth, industrial expansion and rising energy demand. The approved project will consist of the construction and operation of a 235-kilometre, 36" diameter natural gas transmission pipeline from the Peers area to the Fort Saskatchewan area and one compressor station. The pipeline is already fully contracted, signifying the demand for natural gas to fuel Alberta's growth and attract investment to the province.

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