2015 NAPTP MLP Annual Investor Conference May 20-21, 2015
Overview 2015e EBITDA* U.S. Transmission 1,520MM Liquids 275MM * As presented 2/5/15; 2015e EBITDA also includes (70) million for Other Outstanding asset footprint supports a strong base business and provides a…
Liquids: Fee for Service Business with Secure Revenue Hardisty Fee for service and no direct commodity exposure Express Access to growing supply Pipeline Express-Platte Delivery to premium markets Pipeline System Express and…
U.S. Transmission: Strong and Growing Portfolio 2015e EBITDA* EBITDA with Growth Projects (MM) 2,500 2,000 Execution Projects 1,500 Liquids U.S. Transmission 1,520MM 275MM 1,000 Base 500 0 * As presented 2/5/15; 2015e…
Spectra Energy Partners: U.S. Transmission Revenue Stability Based on Transmission revenues Average Contract Term for Major (12 months ended 12/31/14) U.S. Transmission Pipelines (years) 100% 18 90% 95% 93% 98% 97% 96% 98% 98% 16…
Execution Projects: Delivering Incremental EBITDA UST executing on 6B of projects Atlantic that deliver 700MM EBITDA by 2020 Bridge Salem Lateral Dawn Hub PennEast AIM Project Est. CapEx (MM) In-Service NEXUS OPEN 550 4Q15 OPEN…
In development: Access Northeast Gas-fired power plant connected to Access Northeast Project PORTLAND Gas-fired power plant not connected Joint development with Eversource Maritimes and National Grid & Northeast - 4.8 million of…
In development: Additional Northeast Expansion Opportunities MARCELLUS UTICA 750MM to 1.5B combined CapEx growth opportunity Lebanon Greater Extension Philadelphia Lebanon Extension - 2H17 Marcellus to Expansion Market…
What Investors Can Continue to Count On Strategic Financial Execution Delivering Positioning Positioning for Growth Results Solid fee-based 6+ B of 2015 2017 Plan Outstanding asset revenues and expansion supports footprint…
Additional information is available at: www.spectraenergypartners.com/investors