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Home » News » Grid » Canada Infrastructure Bank Invests CAD 283.5 Million in Alberta Power Line
Grid

Canada Infrastructure Bank Invests CAD 283.5 Million in Alberta Power Line

By Michael CarterJuly 6, 20241 Min Read
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The Canada Infrastructure Bank (CIB) announced on Thursday a CAD 283.5 million loan to Alberta electricity transmission companies AltaLink LP and ATCO Electric Ltd for the construction of a 130-kilometre high-voltage power line. Dubbed the Central East Transfer-Out project, the initiative, spanning Red Deer, Lacombe, and Stettler counties, aims to bolster grid reliability and facilitate

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