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ATCO bags pipeline deal in Scramble for Mexico

10th October 2014

ATCO Mexico has been awarded a contract by the Comisión Federal de Electricidad (CFE) to design, build, operate and maintain a natural gas pipeline near the town of Tula in the state of Hidalgo, Mexico

ATCO bags pipeline deal in scramble for Mexico
ATCO's growth in Mexico is modelled after its existing Canadian and Australian operations consisting of diverse yet complementary businesses of power generation, natural gas and electricity transmission and distribution, and workforce accommodation and site services

Valued at approximately USD 50m, this deal marks ATCO's first energy infrastructure project under the newly reformed energy sector in the country.

"We are honoured to have been selected by the CFE to build and operate this important piece of energy infrastructure in this great country," said Nancy Southern, chair, president and chief executive officer, ATCO Group.

"ATCO has made a long-term commitment to Mexico and we consider it a great privilege to be a part of the community. We look forward to forming lasting partnerships and demonstrating that we are a trusted builder and operator of key infrastructure, just as we have done in Canada and Australia."

ATCO's growth in Mexico is modelled after its existing Canadian and Australian operations consisting of diverse yet complementary businesses of power generation, natural gas and electricity transmission and distribution, and workforce accommodation and site services.

ATCO's long history of growth around the world has been built upon its commitment to investing in the communities where the company operates. With the opening of ATCO's office in Mexico City and the Tula pipeline project, ATCO has taken important first steps to establishing itself as a valued member of the community and will make a significant contribution to the region's economy.

ATCO will be responsible for the design, construction, operation and maintenance of the pipeline that will transport natural gas approximately 16 kilometres to fuel the existing Francisco Pérez Rios power plant, near Tula. Expected to be in-service in 2015, ATCO will utilise a local engineering, procurement and construction firm to support the project.

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