Investor Update March 2009 Forward-looking information Certain information presented today may constitute forward-looking statements with respect to AltaGas Income Trust (the Trust). Such statements reflect the Trusts current…
Meeting energy demand Long life, profitable gas and power infrastructure Stable cash flow Quality growth opportunities Business Operations and/or Development Opportunities AltaGas Offices 3 Taking good care Prudent…
Disciplined financial strategy Maintain strength and flexibility: Secured 250 million credit facility Issued 100 million of equity Result: Eliminated refinancing risk for 2009 Strengthened balance sheet and liquidity Remain strong…
Strong and stable returns Operating income grew 50 percent in 2008 Current growth projects will add 25 million EBITDA in 2010 Strong cash flows from stable assets Stable distribution until 2010 corporate conversion Upon…
Strong track record 4.00 3.50 3.00 2.50 /unit 2.00 1.50 1.00 0.50 0.00 2004 2005 2006 2007* 2008 Net income Funds from operations EBITDA Distributions * 2007 net income per unit shown net of 0.09 per unit…
Gas assets Extraction plant Transmission BRITISH Pipeline COLUMBIA ALBERTA SASKATCHEWAN Field Gathering and Processing Area Edmonton Calgary 11 Growth through stable revenue sources Gas operating income…
Current growth Harmattan Complex Sarnia storage project Fully in service Q2-2009; expect to In service mid-2009; expect to add 2.5 add 11 million EBITDA per year million EBITDA per year Pouce Coupe sour gas expansion In service…
Power assets BRITISH COLUMBIA ALBERTA Edmonton Coal-Fired Power Generation Gas-Fired Power Generation Calgary Wind Power Generation Under Construction Vancouver Hydro Power Generation 15 Growth through stable…
Bear Mountain Wind Park Diversify power portfolio by fuel source and geography Expect cash flow late 2009 Estimated cost 200 million Turbine installation begins May 2009 Completed turbine foundation, October 2008 Substation…
Capital expenditures 2009 estimated capex breakdown 2009 planned capital expenditures = 250 million 250 200 million committed 138 M Bear Mountain 200 44 M Existing gas projects Sarnia storage, Pouce Coupe ( millions) sour…
Gas opportunities Working with Tier 1 producers on significant gas processing projects Exploring significant storage opportunities with partners 21 Wind projects Development Estimated portfolio Capacity (MW)…
Run-of-river projects Capacity Location Project (MW) Forrest Kerr* 195 BRITISH Northwest McLymont Creek* 66 COLUMBIA B.C. More Creek 60 Volcano Creek* 16 Southwest 6 projects various 70 B.C. stages of development 400 MW *…