TD Securities London Energy Conference January 14, 2013 Don Marchand, Executive VP & CFO
Non-GAAP Measures TransCanada uses the measures Comparable Earnings, Comparable Earnings per Share, Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), Comparable EBITDA, Funds Generated from Operations, and Funds…
Leading North American Energy Infrastructure Company One of North Americas Largest Natural Gas Pipeline Networks 68,500 km (42,500 mi) of pipeline 14 Bcf/d or 20% of demand Third Largest Natural Gas Storage Operator 406 Bcf of…
Our Value Proposition Track Record of Delivering Shareholder Value 13.3% average annual return over the last 12 years Visible Attractive Strong Growth Dividend Financial Position 25 billion of 3.7% yield Capacity to fund…
Our Progress Over the Last Year 2.3 billion Gulf Coast Project under construction 5.4 billion Keystone XL Project continues to advance 3.4 billion of assets placed into service 16 billion of new investment opportunities secured…
15 Billion of Assets Expected to be In-Service by 2015 Capital Cost* Expected Total Invested In-Service Revenue Project (Billions) to Date Date Stream Bruce Power (Units 1 & 2) 2.4 2.4 Completed Fully Contracted Cartier Wind (Phase V)…
15 Billion Capital Program Drives Growth EBITDA Outlook Funds Generated from Operations Outlook Billions Billions 6 6 5 30% 5 13% 4 4 24% 22% 3 3 21% 17% 2 2 1 42% 31% 1 0 0 2011A 2015E 2011A 2015E Cdn. Gas Pipelines…
Gulf Coast and Keystone XL Gulf Coast Project US2.3 billion Initial capacity of up to 700,000 bbl/d; ultimate capacity of 830,000 bbl/d Construction 35 per cent complete In-service late 2013 Keystone XL US5.4 billion 830,000…
Alberta Regional Oil Pipeline Business 2.5 billion of secured projects 1.5 billion Grand Rapids Project 660 million Northern Courier Project 275 million Hardisty Terminal Leverages natural gas pipeline operating experience in…
Eastern Mainline Oil Pipeline Proposal Combination of converted natural gas pipeline and new construction Technically and economically feasible Serve Eastern markets with lower priced Western Canadian crude oil supply
Alberta System Transports approx 10 Bcf/d or 70% of WCSB supply Adapting to shifting supply base Firm commitments to transport 3.4 Bcf/d of BC shale and Alberta deep basin gas by 2014 Sole provider of gas to growing Alberta oil…
West Coast LNG Pipeline Projects Coastal GasLink Approx. 4 Billion investment Initial capacity of more than 1.7 Bcf/d Serve LNG facility proposed by Shell, Korea Gas, Mitsubishi and PetroChina Estimated to be in-service toward…
Mexico Natural Gas Pipeline Assets US2.5 billion of operating pipelines and projects Secured by 25-year contracts with CFE US0.6 billion invested Tamazunchale Guadalajara US1.9 billion of projects Tamazunchale extension…
Key Takeaways Proven track record of success 13 billion of assets placed in service since 2010 25 billion of commercially secured projects under development Strong financial position - funding needs are manageable Well…
TD Securities London Energy Conference January 14, 2013 Don Marchand, Executive VP & CFO