whats NEXT. Scotia Capitals Electron Day 2008: The Carbon and Credit Challenge David Cornhill Chairman and Chief Executive Officer November 20, 2008 Forward-looking information Certain information presented today may…
A pure play in energy infrastructure Business Operations and/or Development Opportunities AltaGas Offices 3 Our business Meeting energy demand Gas and power infrastructure Large fixed-return component Long-term…
Strong track record 3.50 3.00 2.50 /unit 2.00 1.50 1.00 0.50 0.00 2003 2004 2005 2006 2007* TTM 2008 ** Net income Funds from operations EBITDA Distributions * 2007 net income per unit shown net of 0.09 per unit…
Power assets BRITISH ALBERTA Coal-Fired Power Generation COLUMBIA Gas-Fired Power Generation New Gas-Fired Power Generation Wind Power Generation Edmonton Under Development Hydro Power Generation Calgary Vancouver…
Stable revenue sources Gas Power 6% 11% 26% 22% 61% Contractually fixed Fixed fee Hedged revenue 74% Unhedged revenue YTD 2008 net revenue 9 Outlook growth in 2008 and beyond 2008 operating results…
Financial strength 37.5% debt-to-total capitalization Strong Balance Sheet Cash on hand Investment-grade bond ratings EBITDA approaching a quarter billion dollars Strong Cash Flow 65-75 million TTM non-distributed cash flow…
Current growth projects Timing of cash flow contribution Peaking plants Harmattan initiatives EDS Pouce Coupe expansion Sarnia storage Bear Mountain Harmattan Co-streaming Forrest Kerr 2008 2009 2010 2011 2012 2013…
Wind projects Net Status Capacity (MW) Mature Development Roughrider (ND) 92 Yellowhead (MB) 200 Reston (MB) 200 Early stage development Nine projects in the 800 Wind under Western U.S. construction 1,300 Wind development…
Bear Mountain Wind Park Completed turbine foundation 17 Run-of-river projects Hydro Power Generation Hydro Power Generation Under Development Capacity Location Project (MW) BRITISH Forrest Kerr 195 COLUMBIA…
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 date of 2014…
Whats NEXT. Pure play energy infrastructure Financially strong with long-life cash flows Balance between gas and power Quality growth opportunities Well-positioned for 2011 21