# Emera, ATCO and Canadian Utilities Announce Transformational Agreement

> Emera and Canadian Utilities agreed to combine their regulated utility and energy infrastructure assets in a merger of equals. ATCO’s housing, defence and investment businesses are to become a separate public company.

- **Source date:** 2026-10-06
- **Original source:** [Emera Investor Relations](https://investors.emera.com/news/news-details/2026/Emera-ATCO-and-Canadian-Utilities-Announce-Transformational-Agreement-to-Create-Canadian-Utility-and-Energy-Infrastructure-Powerhouse/default.aspx)
- **Reading time:** 1 min
- **Language:** en
- **URL:** https://voltformer.com/news/emera-atco-canadian-utilities-merger-of-equals-2026-10-06
- **Markdown:** https://voltformer.com/news/emera-atco-canadian-utilities-merger-of-equals-2026-10-06.md

## Combining Regulated Utility Assets

The companies announced an agreement to combine Emera and Canadian Utilities, creating a Canadian-headquartered utility with operations across North America.

[Emera Investor Relations](https://investors.emera.com/news/news-details/2026/Emera-ATCO-and-Canadian-Utilities-Announce-Transformational-Agreement-to-Create-Canadian-Utility-and-Energy-Infrastructure-Powerhouse/default.aspx)

## A Separate Company for ATCO Businesses

ATCO’s housing, defence and investment businesses are planned to form New ATCO, a separately traded company.

[Emera Investor Relations](https://investors.emera.com/news/news-details/2026/Emera-ATCO-and-Canadian-Utilities-Announce-Transformational-Agreement-to-Create-Canadian-Utility-and-Energy-Infrastructure-Powerhouse/default.aspx)

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