Canadian Utilities Limited
CU-X.TO
Toronto Stock Exchange34.40
CAD
-0.19
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Canadian Utilities Limited
CU-X.TO
(Toronto Stock Exchange)
Recent
price
34.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Canadian Utilities Limited Canadian Utilities Limited (TSX: CU-X.TO), an ATCO company, is a diversified global energy infrastructure corporation headquartered in Calgary, Alberta, Canada, and founded in 1911. The company engages in electricity generation, transmission, and distribution; natural gas transmission, distribution, and infrastructure development; energy storage; industrial water solutions; cleaner fuels; and retail electricity and natural gas sales to municipal, residential, commercial, and industrial customers primarily in Canada, Australia, and Mexico. It operates through key segments including ATCO Energy Systems for regulated utilities in electricity and natural gas; ATCO EnPower for sustainable energy solutions in power generation, storage, water infrastructure, and renewables; ATCO Australia for energy and infrastructure assets; and retail energy services via ATCOenergy and Rümi, encompassing home products and maintenance. Recent developments include the completion of two hydrogen production and refuelling stations in Alberta with Canadian Pacific Kansas City in November 2024; selection of GE Vernova for hydrogen-capable turbines under South Australia's Hydrogen Jobs Plan in November 2024; regulatory approval of the Need Assessment Application for the $2.8 billion Yellowhead Pipeline Project in August 2025; announcement of a preferred share issue closing in November 2025; and appointment of Nancy Southern as Executive Chair with Bob Myles as Chief Executive Officer in May 2025.