CIB Invests $283.5 Million in New Alberta Transmission Line
July 11, 2024 The Canada Infrastructure Bank (CIB) is providing Alberta electricity transmission companies, AltaLink, L.P (AltaLink) and ATCO Electric Ltd. (ATCO) with financing to construct a new transmission line in the counties of Red Deer, Lacombe and Stettler. The CIB’s $283.5 million loan will help advance a new, 130-kilometre high-voltage power line, which is…