Since 2002, SNC-Lavalin has had ownership in AltaLink and cultivated a longstanding EPC(M) solutions relationship with Alberta’s largest regulated electricity transmission facility owner. It covers 212,000 square kilometers (roughly an area the size of the state of Kansas) and serves 85 percent of the Albertan population, or more than three million people.
We combined our engineering, procurement, construction, financing and asset management expertise to help build and interconnect an impressive an impressive power system that fuses thermal energy sources and renewable technologies such as wind turbines.
AltaLink maintains and operates approximately 12,000 kilometres of transmission lines (69 kV to 500 kV) and 280 substations across the western province.
Our Commitment to Providing High-Voltage Transmission Excellence
To meet Alberta’s rising power demand, SNC-Lavalin was contracted to assist AltaLink with the reinforcement and expansion of their transmission system across Alberta. This robust electrical system is comprised of both alternating current and direct current technologies with a capacity range between 138 kV and 500 kV. As a key player in system development, our work included the design and building of new power lines and facilities, upgrades, modifications, reconfigurations and necessary relocations.
We were also responsible for facility applications and obtaining permits, licenses and landowner agreements. SNC-Lavalin’s innovative approach to project design and delivery, such as screw pile tower foundations and helicopter tower installations, optimized and reduced the environmental and social impacts of the right-of-ways. Our complementary environmental experts conducted environmental impact assessments to adhere to environmental regulations. In addition, we engaged in consultations with Canada’s First Nations to foster Aboriginal inclusion and community development.
The Sale of AltaLink: A Key Milestone in Our Growth Strategy
In December 2014, SNC-Lavalin finalized the sale of its 100-percent equity stake in Canada's only fully independent power transmission company for $3.2 billion to Berkshire Hathaway Energy. In doing so, we met our investment objectives and created substantial value that support the company’s future growth as a Tier-1 services provider in key Infrastructure E&C markets.
This transaction demonstrates how our whole life-cycle expertise, balanced approach to managing our concessions, and fully integrated services strategy are maximizing returns for the company. SNC-Lavalin will continue to leverage its transmission and distribution experience along with its engineering and construction management strength to pursue emerging transmission and distribution investment opportunities that advance the company’s energy infrastructure investment portfolio.