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President and CEO of ATCO Nancy Southern addresses shareholders at the company's annual meeting in Calgary, Alberta, May 14, 2014.
President and CEO of ATCO Nancy Southern addresses shareholders at the company's annual meeting in Calgary, Alberta, May 14, 2014.
(Todd Korol/Reuters)

Atco and AltaLink clash over power line deal

The debate over who should control Alberta’s “critical infrastructure” is kicking up nearly as much dust as the Calgary Stampede this year.

Companies, governments and public policy specialists are all weighing in on the role of foreign private investment in the province’s energy infrastructure, a discussion that spurred on by Berkshire Hathaway Energy’s $3.2-billion deal for AltaLink LP, operator of more than 80 per cent of the province’s power lines. The utilities division of famed investor Warren Buffett’s Berkshire Hathaway Inc. struck a deal for the company with SNC-Lavalin Group Inc. in May, but the transaction has yet to close.