TSX:ACO.XIntegrated Utilities
The Bull Case For ATCO (TSX:ACO.X) Could Change Following Its Arctic Infrastructure Bet - Learn Why
ATCO Ltd. has invested CA$10,000,000 for a 40% stake in West Kitikmeot Resources Corp. to help advance the Grays Bay Road and Port Project in Canada’s Arctic, a planned deepwater port, all-season road, and airstrip targeted to enter service around 2035.
The project’s planned location on the Northwest Passage and its proposed overland link between Arctic deepwater and the North American highway system could materially expand ATCO’s exposure to long-term Arctic infrastructure and...