ENMAX Corporation (ENMAX) announced today the successful close of its transaction to sell the District Energy Centre, a central heating and hot water facility located in Calgary's downtown core, to Calgary District Heating Inc., a wholly owned subsidiary of Atlantica Sustainable Infrastructure plc (Atlantica) (NASDAQ:AY). The transaction was originally announced November 6, 2020.
The sale of the District Energy Centre for $27 million CAD comprises less than half a percent of ENMAX's total asset base and supports ENMAX's focus on its core businesses of investing in safe, sustainable and reliable electricity services to customers.
About ENMAX
Headquartered in Calgary, Alberta, with operations across Alberta and Maine, ENMAX Corporation (ENMAX) is a leading provider of electricity services, products and solutions. Through its subsidiaries, ENMAX Power Corporation and Versant Power, ENMAX owns and operates transmission and distribution utilities in Calgary, Alberta and northern and eastern Maine, safely and reliably delivering electricity to all Calgary homes and businesses and more than 159,000 customers in Maine. Through ENMAX Energy Corporation, ENMAX owns and operates 1,509 MW of generation and offers a range of innovative electricity, natural gas, and energy services to more than 690,000 residential, commercial and industrial customers across Alberta. ENMAX is a private corporation and The City of Calgary is its sole shareholder.
-30-