whats NEXT. CIBC Institutional Investor Conference 2009 David Cornhill Chairman and Chief Executive Officer February 19, 2009 Forward-looking information Certain information presented today may constitute forward-looking…
A pure play in energy infrastructure Our business: meeting energy demand Gas and power infrastructure Large fixed-return component Long-term contracts Stable cash flow Business Operations and/or Development Opportunities…
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 5 Financial strength…
Gas and power assets Gas Extraction plant Transmission Pipeline Field Gathering and Processing Area BRITISH COLUMBIA ALBERTA SASKATCHEWAN Power Coal-Fired Power Generation Gas-Fired Power Generation New Gas-Fired Power…
Stable revenue sources Gas Power 6% 11% 26% 22% 61% Contractually fixed Fixed fee Hedged revenue 74% Unhedged revenue Net revenue for the nine months ended September 30, 2008 9 Strong forward prices…
Harmattan initiatives 55 million capital expenditure volume Ricinus growth and plant efficiency enhancements Gathering System Harmattan now processing new volumes; remaining initiatives complete Q1-2009 Increase processing…
Gas storage projects Sarnia gas storage project under construction Valuable infrastructure asset plan to be online in 2009 Pursuing additional storage opportunities in Michigan ONTARIO Lake Huron Lake Ontario MICHIGAN…
Wind projects Development Estimated portfolio Capacity (MW) Canada Alberta 100 Manitoba 400 U.S. California 290 Colorado 100 Nevada 220 New Mexico 200 North Dakota 192 Total 1,500 Wind under construction Wind…
Run-of-river projects Hydro Power Generation Hydro Power Generation Under Development BRITISH COLUMBIA Capacity Location Project (MW) Forrest Kerr 195 Northwest McLymont Creek 66 B.C. More Creek 60 Volcano Creek 16…
Outlook growth in 2008 and beyond 2008 operating results expected to be stronger than 2007 Gas expect results to increase due to larger asset base Power expect results to increase due to higher hedged power prices 2009 and beyond…