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       ATCO announces $2B natural gas pipeline west of Edmonton
        
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       ATCO Ltd. is planning to build a 200-kilometre natural gas pipeline
       along the Yellowhead Highway west of Edmonton to support a major net-
       zero petrochemical project near the Alberta capital, the utilities
       company announced Wednesday.
        
       The project, announced by ATCO subsidiary Canadian Utilities Limited,
       will cost more than $2 billion and is slated to begin supplying
       natural gas by early 2027.
        
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       The pipeline will support Michigan-based Dow Inc.'s $8.9-billion
       Path2Zero petrochemicals project in Fort Saskatchewan, ATCO's release
       said. Overall, the pipeline will create about 2,000 jobs and provide
       gas supply for more than $20 billion in investment and related
       employment by customers, it said.
        
       Dow's Path2Zero project is billed as the world's first net-zero
       integrated ethylene cracker and derivatives site.
        
       The pipeline will also add to Alberta's natural gas network to help
       support the province's growing energy needs, ATCO said.
        
       "As Alberta's energy demand continues to grow, the Yellowhead Mainline
       will play a crucial role in reinforcing Alberta's energy
       infrastructure and enhancing access to reliable energy from one of the
       cleanest sources of natural gas on the planet," said Wayne Stensby,
       chief operating officer at ATCO Energy Systems.
        
       The pipeline will run between Peers, Alta. and northeast Edmonton.
       Peers is a hamlet along the Yellowhead Highway, almost perfectly
       halfway between Jasper and Edmonton.
        
       Canadian Utilities and its subsidiary and affiliate companies have
       about 9,000 employees, the company said, along with $23 billion in
       assets.
        
        _More to come…_
        
       mscace@postmedia.com  
       X: @mattscace67
        
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