{"id":388954,"date":"2020-11-26T15:15:53","date_gmt":"2020-11-26T20:15:53","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388954"},"modified":"2020-11-26T15:15:53","modified_gmt":"2020-11-26T20:15:53","slug":"altalink-piikani-kainai-blood-partners-share-canadian-electricity-association-sustainability-award","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/altalink-piikani-kainai-blood-partners-share-canadian-electricity-association-sustainability-award\/","title":{"rendered":"AltaLink, Piikani &amp; Kainai-Blood partners share Canadian Electricity Association sustainability award"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">CALGARY, Alberta, Nov.  26, 2020  (GLOBE NEWSWIRE) &#8212; AltaLink, PiikaniLink (PLP) and KainaiLink\u2019s (KLP) strong commitment to sustainability in their operations was recognized this week during a virtual awards ceremony hosted by the Canadian Electricity Association (CEA).<\/p>\n<p>The CEA announced AltaLink, PiikaniLink and KainaiLink as recipients of the 2020 Award for Advancement of an Integrated Approach to Sustainability for AltaLink\u2019s two limited partnerships with the Piikani Nation and the Kainai-Blood Tribe, who are now long-term investors in high-voltage electricity infrastructure on their land.<\/p>\n<p>\u201cOur partnerships with the people of the Piikani Nation and the Kainai-Blood Tribe are a first for AltaLink and a first for Alberta. We are proud of how this collaboration has led to mutually beneficial results for everyone,\u201d said Scott Thon, AltaLink\u2019s President and Chief Executive Officer. \u201cHaving strong, sustainable relationships with the Indigenous communities we serve not only supports the reliability of the grid, but promotes a dialogue to help us better understand the history, culture and priorities of Indigenous communities as we grow together.\u201d<\/p>\n<p>This award is given to a utility company across Canada that has demonstrated outstanding leadership in the development, implementation, and maintenance of an integrated sustainability strategy within the company.<\/p>\n<p>\u201cCongratulations to AltaLink and their project partners for achieving the <em>Advancement of an Integrated Approach to Sustainability<\/em> award. This project not only represents a positive environmental impact, but also a celebration of Indigenous partnerships that will strengthen our collective future,\u201d said Francis Bradley, Canadian Electricity Association President and CEO.<\/p>\n<p>During consultation for AltaLink\u2019s Southwest 240 kV project, AltaLink worked closely with the Piikani Nation and the Kainai-Blood Tribe to reach an innovative agreement that allowed the new transmission line to cross First Nations land, saving millions of dollars for Alberta electricity customers.<\/p>\n<p>The new partnerships \u2013 PiikaniLink and KainaiLink \u2013 have both Piikani Nation and the Kainai-Blood Tribe investing 51 per cent of the ownership for the portion of the transmission line on their respective lands, allowing them to earn a regulated rate of return on their investment. AltaLink will continue to maintain the transmission line on behalf of each partnership.<\/p>\n<p>PLP acquired approximately $52.6M of transmission assets (including a portion of the transmission line and substation equipment) located on Piikani Reserve lands.<\/p>\n<p>\u201cPiikani Nation is proud of its partnership with AltaLink and to have become an owner of transmission infrastructure on our reserve,\u201d Councilor Doane Crow Shoe said, who also serves as the President of Piikani Resource Development Ltd. \u201cWe believe we have forged a path for our Nation, as well as other Indigenous communities and proponents in the growing energy sector of Alberta. This truly is a sustainable partnership and we look forward to the long-term benefits alongside AltaLink.\u201d<\/p>\n<p>KLP acquired approximately $34.65M of transmission assets (including a portion of the transmission line) located on Blood Reserve lands.<\/p>\n<p>\u201cI am pleased that this partnership has finally come to fruition. It has been a lengthy process and I would like to thank previous Kainai leadership for their role in setting the groundwork for this to happen. I would also like to thank AltaLink for all their efforts in making this a reality,\u201d said Councilor Tim Tailfeathers, also the Chair of Blood Tribe\u2019s Economic Development Committee. \u201cI am looking forward to Kainai fully participating in the economy of Alberta. I hope that the future brings many more partnerships that will result in stronger relationships between the Blood Tribe and Alberta.\u201d<\/p>\n<p>\n        <strong>About <\/strong><br \/>\n        <strong>AltaLink <\/strong><br \/>\n        <br \/>Headquartered in Calgary, with offices in Edmonton, Red Deer and Lethbridge, AltaLink is Alberta&#8217;s largest electricity transmission provider. AltaLink is partnering with its customers to provide innovative solutions to meet the province\u2019s demand for reliable and affordable energy. A wholly-owned subsidiary of Berkshire Hathaway Energy, AltaLink is part of a global group of companies delivering energy services to customers worldwide.<\/p>\n<p>\n        <strong><br \/>\n          <em>For more information please contact:<\/em><br \/>\n        <\/strong><br \/>\n        <br \/>\n        <strong>Scott Schreiner<\/strong><br \/>\n        <br \/>Vice President, Communications<br \/>AltaLink Management Ltd.<br \/><strong>Phone:<\/strong> 403.880.0275<br \/><strong>E-mail: <\/strong><a href=\"mailto:scott.schreiner@altalink.ca\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">scott.schreiner@altalink.ca<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MjkxMyMzODQ1NzE1IzIwODQ5NzQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/97f48061-33e5-49ab-bd56-4f98069b5eb9\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CALGARY, Alberta, Nov. 26, 2020 (GLOBE NEWSWIRE) &#8212; AltaLink, PiikaniLink (PLP) and KainaiLink\u2019s (KLP) strong commitment to sustainability in their operations was recognized this week during a virtual awards ceremony hosted by the Canadian Electricity Association (CEA). The CEA announced AltaLink, PiikaniLink and KainaiLink as recipients of the 2020 Award for Advancement of an Integrated Approach to Sustainability for AltaLink\u2019s two limited partnerships with the Piikani Nation and the Kainai-Blood Tribe, who are now long-term investors in high-voltage electricity infrastructure on their land. \u201cOur partnerships with the people of the Piikani Nation and the Kainai-Blood Tribe are a first for AltaLink and a first for Alberta. We are proud of how this collaboration has led to mutually beneficial results for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altalink-piikani-kainai-blood-partners-share-canadian-electricity-association-sustainability-award\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AltaLink, Piikani &amp; Kainai-Blood partners share Canadian Electricity Association sustainability award&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388954","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AltaLink, Piikani &amp; Kainai-Blood partners share Canadian Electricity Association sustainability award - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altalink-piikani-kainai-blood-partners-share-canadian-electricity-association-sustainability-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AltaLink, Piikani &amp; Kainai-Blood partners share Canadian Electricity Association sustainability award - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CALGARY, Alberta, Nov. 26, 2020 (GLOBE NEWSWIRE) &#8212; AltaLink, PiikaniLink (PLP) and KainaiLink\u2019s (KLP) strong commitment to sustainability in their operations was recognized this week during a virtual awards ceremony hosted by the Canadian Electricity Association (CEA). The CEA announced AltaLink, PiikaniLink and KainaiLink as recipients of the 2020 Award for Advancement of an Integrated Approach to Sustainability for AltaLink\u2019s two limited partnerships with the Piikani Nation and the Kainai-Blood Tribe, who are now long-term investors in high-voltage electricity infrastructure on their land. \u201cOur partnerships with the people of the Piikani Nation and the Kainai-Blood Tribe are a first for AltaLink and a first for Alberta. 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