ALA.PR.U AltaGas Ltd

AltaGas Ltd. ("AltaGas") (TSX:ALA) (TSX:ALA.PR.A) (TSX:ALA.PR.U) today received
the Supreme Court of Canada decision dismissing a third party leave to appeal
application of the July 19, 2012 Alberta Court of Appeal decision. The Alberta
Court of Appeal decision dismissed a third party appeal of the decision of the
Energy Resources Conservation Board (ERCB) which approved the Harmattan
Co-stream project on December 7, 2010. 


The Harmattan Co-stream project commenced commercial operation in November 2012.
The Co-stream Project will use 250 Mmcf/d of existing spare capacity to recover
ethane and other NGLs from natural gas sources in the NOVA Gas Transmission Ltd.
(NGTL) Western System. The project is underpinned by a 20-year cost-of-service
contract with NOVA Chemicals Corporation. 


AltaGas is an energy infrastructure business with a focus on natural gas, power
and regulated utilities. AltaGas creates value by acquiring, growing and
optimizing its energy infrastructure, including a focus on renewable energy
sources.  


This news release contains forward-looking statements. When used in this news
release, the words "may", "would", "could", "will", "intend", "plan",
"anticipate", "believe", "seek", "propose", "estimate", "expect", and similar
expressions, as they relate to AltaGas or an affiliate of AltaGas, are intended
to identify forward-looking statements. In particular, this news release
contains forward-looking statements with respect to, among other things,
business objectives, expected growth, results of operations, performance,
business projects and opportunities and financial results. These statements
involve known and unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those anticipated in such
forward-looking statements. Such statements reflect AltaGas' current views with
respect to future events based on certain material factors and assumptions and
are subject to certain risks and uncertainties, including without limitation,
changes in market, competition, governmental or regulatory developments, general
economic conditions and other factors set out in AltaGas' public disclosure
documents. Many factors could cause AltaGas' actual results, performance or
achievements to vary from those described in this news release, including
without limitation those listed above. These factors should not be construed as
exhaustive. Should one or more of these risks or uncertainties materialize, or
should assumptions underlying forward-looking statements prove incorrect, actual
results may vary materially from those described in this news release as
intended, planned, anticipated, believed, sought, proposed, estimated or
expected, and such forward-looking statements included in, or incorporated by
reference in this news release, should not be unduly relied upon. Such
statements speak only as of the date of this news release. AltaGas does not
intend, and does not assume any obligation, to update these forward-looking
statements. The forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.       


FOR FURTHER INFORMATION PLEASE CONTACT: 
AltaGas Ltd.
Investment Community
1-877-691-7199
investor.relations@altagas.ca


AltaGas Ltd.
Media
(403) 691-9873
media.relations@altagas.ca

AltaGas (TSX:ALA.PR.U)
Historical Stock Chart
Von Jun 2024 bis Jul 2024

AltaGas (TSX:ALA.PR.U)
Historical Stock Chart
Von Jul 2023 bis Jul 2024