whats NEXT. CIBC Clean Energy Investor Conference David Cornhill Chairman and Chief Executive Officer February 18, 2009 Forward-looking information Certain information presented today may constitute forward-looking…
A pure play in energy infrastructure 3 Our power business Generating power Generating power December 31, 2008 December 31, 2009 0.5% 0.4% 10% 21% Coal Natural Gas Wind Hydro 8% 71% 90% * Based on power…
Power business strategy AltaGas' Power Business Carbon Intensity 1.0 Carbon Dioxide Equivalent (Coal = 1.04) 0.0 2003 2006 2009 2012 2015 2018 2021 5 Generating capacity in 2015 Coal Natural Gas Wind…
Conventional power portfolio Sundance B PPAs 353 MW coal-fired generation ALBERTA Approximately 2/3 of 2009 generation hedged at similar prices to 2008 Gas-fired peaking plants Edmonton 39.4 MW gas-fired generation…
Renewable power Ensure long-term sustainability of power business Expand portfolio Diversify by geography and fuel source Market demand for clean energy Stable, low-risk projects Secured by long-term contracts 9 Wind…
Bear Mountain Wind Park Diversifying our power portfolio Construction underway scheduled to be in service November 2009 Add significant cash flow in 2010 Bear Mountain ridge, Transmission lines, January 2009 September 2008…
Other wind developments Glenridge 100 MW located in southeast Alberta Two years of data collected & environmental assessment underway U.S. Developments Walker Ridge (CA) Spanish Flat (NV) Chateaux Hill (NM) Glenridge…
Forrest Kerr run-of-river project Large scale project expected to produce clean, renewable energy for British Columbia 195-MW run-of-river project located on the Iskut River in Northwest B.C. In-service target of 2014 Bid into…
Geothermal energy Long-life assets that provide consistent cash flow Excellent long-term potential Reliable, renewable energy source Minimal environmental impact Base-load power Consistent and predictable cash flows Source:…
Disciplined financial strategy Balance sheet strength and strong liquidity In February, AltaGas successfully issued 100 million of equity Plan to term out debt to eliminate refinancing risk for 2010 19 Financial…
Whats NEXT. Pure play energy infrastructure Financially strong with long-life cash flows Quality growth opportunities Geographic diversification 21