Investors

Why Invest

A Proven, Diversified and Global Enterprise

Canadian Utilities Limited, an ATCO company,  is a $20 billion diversified global energy infrastructure corporation delivering essential services, service excellence and innovative business solutions in Utilities (electricity transmission and distribution, natural gas transmission and distribution, and international electricity operations); Energy Infrastructure (electricity generation, energy storage, and industrial water solutions); and Retail Energy (electricity and natural gas retail sales). 

At the heart of our business are approximately 4,600 employees, carrying forward almost 50 years of innovation and service excellence in solving our clients’ challenges, big and small—from major infrastructure projects to home energy delivery.

 

Track Record of Dividend Growth

We have increased our common share dividend every year for the past 48 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.
 

Growing a High Quality Earnings Base

During the past eight years, Canadian Utilities has invested more that $12 billion in regulated operations. Regulated Utility adjusted earnings has grown to 95 per cent of total adjusted earnings in 2019. Our highly contracted and regulated earnings base provides the foundation for continues dividend growth. 
 

Future Capital Investment

We will continue to grow our business in the years ahead. In the period 2020 to 2022, Canadian Utilities expects to invest $3.5 billion in Regulated and long-term contracted assets which will continue to strengthen our high quality earnings base and cash flows. Of the $3.5 billion planned spend, $3.4 billion will be on regulated utilities. 
 

Financial Strength

Financial strength is fundamental to our current and future success. It ensures we have the financial capacity to fund our existing and future captial investment. We are committed to maintaining our strong, investment grade credit ratings, which will allow us to access capital at attractive rates.
 

Quarterly Investor Fact Sheet

Check out the latest on our quarterly performance.

Investors
  • Innovation

    We seek to create a work environment where employees are encouraged to take a creative and innovative approach to meeting our customers’ needs. By committing to applied research and development, we can offer our customers unique and imaginative solutions that differentiate us from our competitors.

  • Growth

    Long-term sustainable growth is paramount. We approach this strategy by:

    • expanding geographically to meet the global needs of our customers;
    • developing significant, value-creating greenfield projects; and
    • fostering continuous improvement.

     

    We pursue the acquisition and development of complementary assets and businesses that have future growth potential and provide long-term value for share owners.

  • Financial Strength

    Financial strength is fundamental to our current and future success. It ensures Canadian Utilities Limited has the financial capacity to fund existing and future capital investments through a combination of predictable cash flow from operations, cash balances on hand, credit facilities and access to capital markets. It enables Canadian Utilities to sustain our operations and to grow through economic cycles, thereby providing long-term financial benefits.

    We continuously review Canadian Utilities’ holdings to evaluate opportunities to sell mature assets and recycle the proceeds into growing areas of the company. The viability of such opportunities depends on the outlook of each business as well as general market conditions. This ongoing focus supports the optimal allocation of capital across Canadian Utilities.

  • Operational Excellence

    We achieve operational excellence through high service, reliability, and product quality for our customers and the communities we serve. We are uncompromising about maintaining a safe work environment for employees and contractors, promoting public safety and striving to minimize environmental impact. We ensure the timely supply of goods and services that are critical to our customers’ ability to meet their core business objectives.

  • Community Involvement

    Canadian Utilities maintains a respectful and collaborative community approach, where meaningful partnerships and positive relationships are built with community leaders and groups that will enhance economic and social development.

    Community involvement creates the opportunity to develop partnerships with Indigenous and community groups that may be affected by projects and operations worldwide, and build ongoing, positive Indigenous relationships that contribute to economic and social development in their communities. We also engage with governing authorities, regulatory bodies, and landowners. We encourage partnerships throughout the organization. We encourage our employees to participate in community initiatives that will serve to benefit non-profit organizations through volunteer efforts, and the provision of products and services in-kind.