AltaGas Ltd Ord (ATGFF)

AltaGas Ltd was incorporated on August 30, 1993 in Canada. The Company is engaged in an energy infrastructure business with a focus on natural gas, power and regulated utilities. The Business of the Company are operated by the Corporation, AltaGas Holding Partnership, AltaGas Extraction and Transmission Limited Partnership, AltaGas Pipeline Partnership, AltaGas Processing Partnership, AltaGas Utility Group Inc. (Utility Group), AltaGas Utility Holdings (Pacific) Inc., SEMCO Energy, Inc. (SEMCO) and AltaGas Power Holdings (U.S.) Inc. The Company has three business segments, Gas, Power and Utilities. Its Gas segment serves producers in the Western Canada Sedimentary Basin (WCSB) and includes natural gas gathering and processing, natural gas liquids (NGL) extraction and fractionation, transmission, storage and natural gas marketing. Gas segment also includes the liquefied natural gas (LNG) export and liquefied petroleum gas (LPG or propane) development projects. The Power segment includes 1,096 MW of generating capacity from gas-fired, coal-fired, wind, biomass and run-of-river assets in Canada and United States, along with an additional 277 MW of run-of-river assets under construction. The Utilities segment is predominantly comprised of natural gas distribution rate-regulated utilities. The Company owns and operates regulated natural gas utilities in Canada and United States. The utilities are generally allowed the opportunity to earn regulated returns that provide for recovery of costs and a return on, and of capital from the regulator-approved capital investment base. The Corporate operations provides the cost of providing corporate services, financing and general corporate overhead, investments in public and private entities, corporate assets, financing other segments and the effects of changes in the fair value of risk management contracts.