June 24 (Reuters) - Canadian Utilities Ltd CU.TO :
* CANADIAN UTILITIES LIMITED SELLS OWNERSHIP INTEREST IN ALBERTA POWERLINE AND OFFERS INDIGENOUS COMMUNITIES THE OPPORTUNITY TO PARTICIPATE
* CANADIAN-AGREEMENTS WITH ITS PARTNER FOR SALE OF 100% INTEREST IN ALBERTA POWERLINE APL FOR PROCEEDS OF ABOUT $300 MILLION, ASSUMPTION OF $1.4 BILLION OF DEBT
* CANADIAN UTILITIES- IS OFFERING OPPORTUNITY FOR INDIGENOUS COMMUNITIES ALONG TRANSMISSION LINE ROUTE TO OBTAIN UPTO A 40% EQUITY INTEREST IN APL
* CANADIAN UTILITIES LTD - CU WILL REMAIN AS OPERATOR OF APL OVER ITS 35-YEAR CONTRACT WITH AESO
* CANADIAN UTILITIES LTD - THE PURCHASER IS A CONSORTIUM INCLUDING GREYSTONE MANAGED INVESTMENTS, OTHERS