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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

Utilities Utilities - Regulated Gas Utilities
AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

AltaGas Ltd
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Post by MrBiggeron Oct 02, 2018 6:27pm
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Post# 28733092

Latest deal closed.

Latest deal closed.

CALGARY, Oct. 2, 2018 /CNW/ - Black Swan Energy Ltd. ("Black Swan") is pleased to announce that it has completed the previously announced joint venture arrangement with AltaGas Ltd. (together with its subsidiaries, "AltaGas") whereby AltaGas has acquired 50% ownership in certain existing and future natural gas processing plants of Black Swan. In addition, AltaGas and Black Swan have entered into a long term agreement for the use by Black Swan of the AltaGas processing capacity on a cost of service basis at the plants, as well as transportation and marketing agreements. Black Swan will continue to operate the plants.

 

Black Swan is a private-equity backed company headquartered in Calgary, Alberta. For additional details relating to production and development activities please refer to Black Swan's most recent corporate presentation which is available at www.blackswanenergy.com.

SOURCE Black Swan Energy Ltd.


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Dealroom for high-potential pre-IPO opportunities