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ATCO Q1 Posts Lower Hedged Power Contracts, Nuclear Deals Grow

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-- ATCO reported Q1 earnings on Wednesday, highlighting forward power sale contracts totaling 6.59 million megawatt-hours and new modular infrastructure contracts tied to US data center and nuclear generation projects.

ATCO's forward power sale contracts subject to hedge accounting totaled 6.59 million MWh in the quarter ended March 31, down from 6.81 million MWh at the end of 2025.

The company also booked CA$23 million ($16.9 million) in US contracts covering 172 modular units supporting data center construction in Texas and Utah and nuclear generation developments in Idaho and Wyoming.

ATCO Structures secured over CA$113 million in modular housing contracts tied to mining, data center, nuclear and infrastructure projects across Canada, the US and Australia.

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