ACO.Y ATCO Ltd

ATCO today announced the launch of ATCO Sustainable Communities Inc., a new
company that provides a full range of pre-fabricated building solutions for
Indigenous and other remote communities. The new company will bring a focus to
building partnerships that will develop sustainable indigenous communities
throughout Canada.  


"We have been partnering with Indigenous communities since 1981, and we have
more than 30 successful Aboriginal partnerships," said Nancy Southern, President
& Chief Executive Officer, ATCO Group. "This company will harness our experience
and expertise to help develop remote communities with facilities that contribute
to a high quality of life and that reflect the community's cultural values." 


ATCO Sustainable Communities can design and build an entire community with
facilities ranging from offices, schools and day care centres to residential
housing, hockey arenas and retail outlets. Building components are
pre-engineered and manufactured in a controlled factory environment to ensure
cost-effectiveness and consistent high-quality. The company also provides
utility infrastructure, such as water purification and distributed power
generation facilities. 


"ATCO has 65 years of experience working in some of the most remote locations
around the world," said newly-appointed President, Boris Rassin, a 27-year ATCO
veteran with significant experience in business development, project management,
construction and in developing partnerships with Aboriginal communities. "With
our experience, expertise and technology, we are uniquely capable of
contributing to increased sustainability of remote communities." 


ATCO Sustainable Communities offers complete construction solutions from concept
to completion and provides design-build services to simplify the execution of
complex projects. The result is a successful turn-key facility built to reflect
a community's cultural values, while delivering shorter project timelines and
dedicated quality control throughout the manufacturing and installation process.



ATCO Sustainable Communities' culturally sensitive building solutions have
unique design features such as energy efficiency, low maintenance and high
durability; fire and mold-resistant materials; a broad selection of consistent
quality finishes and furnishings; and IT connectivity. The ATCO Warranty
provides peace-of-mind for remote communities, while post-construction training
in operations and maintenance of the newly-built facility ensures its lasting
contribution to the community's sustainability.  


ATCO Sustainable Communities is part of the ATCO Group of Companies. ATCO Group,
with more than 8,800 employees and assets of approximately $13 billion, delivers
service excellence and innovative business solutions worldwide with leading
companies engaged in Utilities (pipelines, natural gas and electricity
transmission and distribution), Energy (power generation, natural gas gathering,
processing, storage and liquids extraction), Structures & Logistics
(manufacturing, logistics and noise abatement) and Technologies (business
systems solutions). More information can be found at www.atcosc.com or
www.atco.com. 


Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking
statements. Forward-looking statements are often, but not always, identified by
the use of words such as "anticipate", "plan", "expect", "may", "will",
"intend", "should", and similar expressions. These statements involve known and
unknown risks, uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such forward-looking
statements. The Corporation believes that the expectations reflected in the
forward-looking statements are reasonable, but no assurance can be given that
these expectations will prove to be correct and such forward-looking statements
should not be unduly relied upon.


The Corporation's actual results could differ materially from those anticipated
in these forward-looking statements as a result of regulatory decisions,
competitive factors in the industries in which the Corporation operates,
prevailing economic conditions, and other factors, many of which are beyond the
control of the Corporation.  


The forward-looking statements contained in this news release represent the
Corporation's expectations as of the date hereof, and are subject to change
after such date. The Corporation disclaims any intention or obligation to update
or revise any forward-looking statements whether as a result of new information,
future events or otherwise, except as required under applicable securities
regulations.

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