Peters & Co. 20th Annual Energy Conference September 14, 2016 Karl Johannson, President, Natural Gas Pipelines
Key Themes Proven Strategy Low Risk Business Model 90%+ of EBITDA derived from regulated assets or long-term contracts Planned sale of U.S. Northeast Power will further reduce merchant exposure US13 Billion Acquisition of Columbia…
TransCanada Today One of North Americas Largest Natural Gas Pipeline Networks 90,300 km (56,100 mi) of pipeline 664 Bcf of storage capacity 23 Bcf/d or approximately 27% of continental demand Premier Liquids Pipeline System…
US13 Billion Acquisition of Columbia Pipeline Group Transformational Acquisition Complete US13 billion acquisition closed July 1, 2016 Creates one of North Americas largest regulated natural gas transmission businesses and positions…
Strategic Rationale for Acquisition of Columbia Pipeline Premium natural gas pipeline and storage assets Extensive position in Marcellus and Utica basins FERC regulated assets generate stable and predictable earnings and cash…
Positioned to Capture Growing Marcellus and Utica Production Bcf/d 35 30 25 20 15 10 5 0 2010 2015 2020E Marcellus Utica Source: EIA and IHS CERA, February 2016 Illustrates the configuration of material systems within Columbias…
25 Billion Visible Near-Term Capital Program Estimated Capital Expected Project Cost* In-Service Date* Columbia System US7.3 2017-2021 Topolobampo US1.0 2016 Mazatlan US0.4 2016 Tuxpan-Tula US0.5 2017 Tula-Villa de Reyes US0.6…
45 Billion+ of Commercially Secured Long-Term Projects* Bruce Power Life Extension Agreement Asset Management and Major Component Replacement post-2020 (5.3 billion) Extends operating life of facility to 2064 Four transformational…
Our Natural Gas Pipelines Strategy Maintain pre-eminent position in WCSB and Appalachia for production and market connections Growing Natural Gas Supply Seek optimal and Demand Provides Opportunity Pursue oil sands and use of assets…
NGTL Systems Unparalleled Position Primary transporter of WCSB supply Averaging 11.4 Bcf/d in 2016 year-to-date Key connections to Alberta and export markets 2016/17 Revenue Requirement Settlement Includes a ROE of 10.1% on 40%…
Canadian Mainline Critically Important Infrastructure Western Northern Eastern Total Leg Ontario Triangle 2015 Investment Base 1.4 B 1.3 B 1.9 B 4.6 B Delta -0.4 -1.3 +2.0 +0.3 2020 Investment Base 1.0 B 0.0 B 3.9 B 4.9 B LDC…
Growing the U.S. Gas Pipelines Network Majority of portfolio highly contracted over the long-term Well-positioned in key geographic areas with access to multiple supply basins and large market centres ANR rate case proceeding…
Mexico Solid Position and Growing Pipelines underpinned by long-term contracts with the Comisin Federal de Electricidad (CFE) Guadalajara and Tamazunchale pipelines are in-service Five new projects will increase investment in…
Key Takeaways Track Record of Delivering Long-Term Shareholder Value 15% average annual return since 2000 Visible Attractive, Growing Strong Growth Portfolio Dividend Financial Position 25 billion to 2020 3.8% yield at current…