Large transmission opportunities are arising with the development of build, own, operate concession models coupled with the requirement for transmission grid replacement, reinforcement, and new build. The Alberta Electric System Operator (AESO) ran a competitive process for the right to develop, design, build, finance, own, operate, and maintain a 500kV transmission project. ATCO and Quanta developed a partnership for Quanta to provide EPC services and investment in the project. The ATCO / Quanta team won the CA$1.433 billion concession in December 2014. The project closed on CA$1.4 billion of bonds in October 2017.
The project has won four awards for including Americas P3 Deal of the Year (PFI), North America Transmission Deal of the Year (IJ Global), Gold Award for Project Financing (CCPPP), and the P3 Awards Gold Award for Best Financial Structure.
The project has won four awards for including Americas P3 Deal of the Year (PFI), North America Transmission Deal of the Year (IJ Global), Gold Award for Project Financing (CCPPP), and the P3 Awards Gold Award for Best Financial Structure.
Location: Canada
Employees: 1-10