NDP leader wants Alberta Utilities Commission to reject AltaLink sale

CP  |  By The Canadian Press Posted: 05/02/2014 10:12 pm EDT  |  Updated: 07/02/2014 5:59 am EDT

EDMONTON – NDP Leader Brian Mason says the province needs to ask the Alberta Utilities Commission to reject the sale of AltaLink to an American company.

It was announced earlier this week that SNC-Lavalin will be selling the energy transmission company to AltaLink to U.S. Berkshire Hathaway Energy for $3.2 billion.

Mason says that this would allow and American company to reap the benefits of Alberta taxpayers, and could ultimately drive energy prices up.

He says Alberta’s transmission system should not be an internationally traded commodity because that will just raise prices.

If approved, the sale will go through December 31.

With 12,000 kilometres of transmission lines and 280 substations. AltaLink provides electricity to the majority of the province.