FORT MACLEOD, AB, Feb. 7, 2018 /CNW/ - On Jan. 22, 2018, the Council of the Town of Fort Macleod approved the sale of the
Town's electricity distribution system to FortisAlberta Inc. for
$4.77 million.
"We are pleased to have this opportunity to partner with the
Town of Fort Macleod in this
endeavour and we thank the Council and the residents for the time
and energy they devoted to the consultation and community
engagement process. Moving forward, our priority is to continue to
work with the Town and residents to ensure a seamless transition of
ownership," says Karl Bomhof,
President and CEO, FortisAlberta.
"We are excited to welcome the residents of Fort Macleod as FortisAlberta customers and we
look forward to becoming a part of their community," adds Mr.
Bomhof.
"FortisAlberta has been providing electricity service in
Alberta, including the area
surrounding Fort Macleod for over
a century and we are confident that this sale is in the interests
of Fort Macleod. They have the
expertise and resources to ensure the long-term reliability of our
system and to provide the safe, cost-effective service our
residents require," says Brent
Feyter, Mayor, Fort
Macleod.
"Throughout the consultation process it was important to Council
that we provide open, transparent communication and engagement with
our residents. FortisAlberta was an effective partner in this
process and they demonstrated respect for our community as we
worked towards this important decision. At the end of the day, it
is the right thing for us to do financially and we look forward to
the benefits our community will receive as a result of the sale,"
adds Mayor Feyter.
The transfer and sale of the distribution system is subject to
regulatory approval by the Alberta Utilities Commission. This
transfer will allow the residents of Fort
Macleod to receive the benefit of the Company's 24/7
customer care centre; centralized Operations Control Centre; and
FortisAlberta's robust storm and outage response services.
About FortisAlberta
As owner and operator of more than
60 per cent of Alberta's total
electricity distribution network, FortisAlberta's focus is
delivering safe and reliable electricity to more than half a
million residential, farm and business customers. The Company
serves more than 200 communities with 122,000 kilometres of
distribution power lines across Alberta.
About Town of Fort
Macleod
Fort Macleod
is a vibrant community of 3,000, located within breathtaking sight
of the Canadian Rockies. This town is a magnet for those who are
seeking a relaxed rural life style, proximity to the Rocky
Mountains, a strong sense of community, access to high speed
internet and a short drive to Western
Canada's corporate capital, Calgary. And of course, it's only an hour
drive to the scenic wonders of the Rocky Mountains!
SOURCE FORTISALBERTA INC