ATCO Ltd. operates through several primary business segments: ATCO Energy Systems, ATCO EnPower, and ATCO Structures & Logistics. The ATCO Energy Systems division is the company's largest revenue driver, managing regulated electricity and natural gas transmission and distribution networks primarily in Alberta and Western Australia. ATCO EnPower focuses on energy transition solutions, including renewable electricity generation, energy storage, industrial water solutions, and clean fuels like hydrogen. The ATCO Structures & Logistics segment, which traces back to the company's founding, manufactures and leases modular facilities, workforce housing, and provides disaster and emergency management services globally. Additionally, the company holds a 40% equity interest in Neltume Ports, a port operator in South America, and operates a retail energy business in Alberta. The Southern family maintains principal control of the company through a private holding entity.