ACLLF ATCO Ltd., through its subsidiaries, engages

ACLLF ATCO Ltd., through its subsidiaries, engages in the regulated and non regulated natural gas and electric energy operations worldwide. The company engages in utilities, such as natural gas and electricity transmission and distribution; power generation and global enterprises, such as industrial manufacturing, technology, logistics, and energy services. Segments Utilities Business Group The Utilities Business Group includes: the regulated distribution of natural gas by ATCO Gas; the regulated transmission and distribution of water by CU Water; the regulated transmission of natural gas by ATCO Pipelines; the regulated distribution and transmission of electric energy by ATCO Electric and its subsidiaries, Northland Utilities (NWT), Northland Utilities (Yellowknife) and Yukon Electrical; and the provision of non-regulated projects by ATCO Energy Solutions. The company, which supplies treated water to rural Alberta customers and small towns east of Edmonton, directly serves approximately 1,140 customers through its transmission network. In addition to serving communities along the transmission pipeline, approximately 200 kilometres of distribution pipeline serve rural subdivisions and intensive livestock operations. CU Water also provides bulk water delivery. ATCO Electric customers include approximately 203,000. It serves 245 communities in northern and east-central Alberta, and maintains and operates approximately 69,000 kilometres of transmission and distribution power lines and also operates approximately 12,000 kilometres of distribution lines for Rural Electrification Associations. The Government of the Northwest Territories (NWT) granted Northland Utilities a new franchise for an area on the old Pine Point Mine site located on the south shore of Great Slave Lake. Northland Utilities, both in Yellowknife and Hay River, implemented a fully-integrated billing system. Northland Utilities provides electricity to approximately 10,000 customers in 9 communities in the Northwest Territories. The company implemented a new fully-integrated billing system offering approximately 15,000 customers in 19 Yukon communities additional options and enhancements. ATCO Pipelines controls approximately 8,440 kilometres of pipeline in Alberta and 200 receipt points. The company owns and operates natural gas transportation facilities throughout the province and is an integral part of the province’s gas transmission system. ATCO Energy Solutions, formerly ATCO Utility Services, provides value-added infrastructure and services to both municipal and industrial customers. Services include pipelines, water and wastewater treatment, high-voltage industrial systems and hydrocarbon storage, including hydrogen. ATCO Water, a division of ATCO Energy Solutions, was publicly launched in October at the Alberta Urban Municipalities Association (AUMA) Convention in Edmonton. ATCO Water is focused on water and wastewater opportunities outside the scope of CU Water’s existing regulated service offerings. ATCO Water provides operations and infrastructure solutions to both industrial and municipal customers. The company has a partnership agreement with GE Water and Process Technologies (GE). The partnership allows ATCO Water to access GE’s purification and advanced recycling technologies. Power Generation Business Group The Power Generation Business Group includes: the non-regulated supply of electricity and cogeneration steam by ATCO Power and ATCO Resources; the regulated supply of electricity by Alberta Power (2000); and the sale of fly ash and other combustion byproducts produced in coal-fired electrical generating plants by ASHCOR Technologies. ATCO Power and its joint venture partners, operates and owns 19 power plants in Canada, the United Kingdom and Australia. In 2008, ATCO Power completed construction of its 45-MW clean natural gas-fired power plant in Valleyview, Alberta while also launching development of a third generating facility in Australia. In November 2008, ATCO Power Australia Pty Ltd, announced construction of a 86-MW natural gasfired power station for Horizon Power adjacent to Horizon’s Karratha