Company Overview of AltaLink, L.P.
AltaLink, L.P. operates as a regulated electricity transmission company in Canada. It owns and operates a transmission system that connects homes, farms, and businesses to the electricity generated across Alberta. The company operates approximately 12,000 kilometers of high-voltage transmission lines and 280 substations in Alberta. AltaLink Management Ltd. serves as the general partner of AltaLink, L.P.
2611-3rd Avenue S.E.
Calgary, AB T2A 7W7
Founded in 2001
Key Executives for AltaLink, L.P.
Chief Executive Officer of Altalink Management Ltd
Chief Financial Officer of AltaLink Management Ltd and Executive Vice President of AltaLink Management Ltd
Chief Operating Officer of Altalink Management Ltd and Executive Vice President of Altalink Management Ltd
Senior Vice President of Law & Regulatory of Altalink Management Ltd and General Counsel of Altalink Management Ltd
Senior Vice President of External Engagement of Altalink Management Ltd
Compensation as of Fiscal Year 2014.
AltaLink, L.P. Key Developments
AltaLink, L.P. to Issue $295 Million in Medium-Term Notes
Nov 5 14
AltaLink, L.P. has agreed to issue $295 million principal amount of 30 year, 4.054% Series 2014-3 Medium-Term Notes due November 21, 2044 in an agency transaction with a syndicate led by Scotia Capital Inc., RBC Dominion Securities Inc., and BMO Nesbitt Burns Inc. The syndicate also includes National Bank Financial Inc., TD Securities Inc., and Casgrain & Company Limited. Distribution of the medium-term notes is expected to occur on November 21, 2014. The medium-term notes are secured by a first floating charge security interest in the present and future property and assets of AltaLink. The medium-term notes rank pari passu with all senior, secured indebtedness and have priority over all present and future unsecured indebtedness and all subordinated indebtedness. The net proceeds of the offering will be used for repayment of short-term indebtedness and general corporate purposes.
Altalink, L.P. to Issue $225 Million Principal Amount of Additional 3.990% Series 2012-1 Medium-Term Notes Due June 30, 2042
Sep 9 14
AltaLink, L.P. has agreed to issue $225 million principal amount of additional 3.990% Series 2012-1 Medium-Term Notes due June 30, 2042 in an agency transaction with a syndicate led by RBC Dominion Securities Inc. The syndicate includes Scotia Capital Inc. BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., and Casgrain & Company Limited. Distribution of the Medium-Term Notes is expected to occur on September 12, 2014.
AltaLink, L.P. Announces Earnings Results for the Second Quarter of 2014
Jul 29 14
AltaLink, L.P. announced earnings results for the second quarter of 2014. The company net income of CAD 49.0 million for the quarter, compared with CAD 33.4 million for the same period in 2013. Revenue for the quarter was CAD 168.5 million compared to CAD 117.5 million in 2013. The growth is primarily due to the increase in investments to expand and reinforce the reliability of the transmission system.
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