Every Spin-Off
New ATCO
AnnouncedCAHolds ATCO's businesses outside the regulated utilities: modular buildings and workforce housing, ports, retail energy and other investments, based in Calgary.
ATCO's non-utility businesses (modular structures, workforce housing, ports, retail energy and other investments), separated as part of Emera's merger with Canadian Utilities and ATCO.
- Status
- Announced
- Expected
- H2 2027
- Parent
- ATCO (ACO/X CN)
- Spin-off ticker
- To be announced
- Listing
- Toronto Stock Exchange (Class I shares)
- Market
- Canada
- Sector
- Industrials
Terms
Announced 13 Oct 2026 (arrangement agreement 6 Oct): each ATCO Class I or Class II share receives 0.865 Emera share plus 1 New ATCO share of the matching class; Class I non-voting shares to list on the TSX. Securityholder meetings in Q1 2027; closing expected in Q3–Q4 2027, subject to regulatory approvals.
Key dates
- Arrangement agreement
- Announced
- Securityholder meetings
- Expected closing
Source documents
- Press releaseEmera, Canadian Utilities and ATCO arrangement (SEC exhibit 99.1, Oct 2026)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- Sourcelexpert.ca, Emera to merge with Canadian Utilities and ATCO, ATCO spins off New ATCO
Every Spin-Off research
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