AltaLink Receives AUC Approval of Financing Agreement for Central East Transfer-Out Project
November 12, 2024 A financing agreement with the Canada Infrastructure Bank (CIB) to reduce transmission costs for customers was approved by the Alberta Utilities Commission (AUC) on October 18, 2024. AltaLink secured financing for the Central East Transfer-Out Project (CETO) which will save Albertans approximately $60 million over the 30-year financing of the project. “This…