employees1
in Assets
Global Rate Base
Annual Revenue
Canadian Utilities Limited, an ATCO company, is a diversified global energy infrastructure corporation with over 50 years of innovation and service excellence in solving our clients? challenges, big and small?from major infrastructure projects to home energy delivery.
We deliver essential services, service excellence and innovative business solutions in:
We have increased our common share dividend every year for the past 52 years, the longest record of annual dividend increases of any Canadian publicly traded company. We aim to grow dividends in-line with our sustainable earnings growth, which is linked to growth from our regulated and long-term contracted investments.
Our highly contracted and regulated earnings base provides the foundation for continued dividend growth. Over the years our continued investment in the Utilities has grown our global rate base to $15.4 billion.
In the 2024 to 2026 period, Canadian Utilities expects to invest $4.6 to $5 billion in our Regulated Utilities. This capital investment is expected to contribute significant earnings and cash flows and create long-term value for shareowners. These investments, which include our recently announced Yellowhead Mainline project, will serve the evolving needs of our customers and support population and business growth, system reliability and safety, climate resiliency and adaptation, decarbonization, and technology to further improve operating efficiencies.
Financial strength is fundamental to our current and future success. It ensures we have the financial capacity to fund our existing and future capital investments. We are committed to maintaining our strong, investment-grade credit ratings, which will allow us to access capital at attractive rates.
Innovation, growth and financial strength provide the foundation from which we have built our Company. Our long-term success depends on our ability to continue offering our customers premier, comprehensive and integrated solutions to meet their needs and expand into new markets. Read more about Our Strategy & Values.
1 Canadian Utilities and its subsidiary and affiliate companies