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June 02, 2015 12:35 AM ET

Electric Utilities

Company Overview of AltaLink, L.P.

Company Overview

AltaLink, L.P. owns and operates regulated electricity transmission facilities in Alberta, Canada. The company’s transmission system connects homes, farms, businesses, and industries to the electricity generated across Alberta. It operates approximately 12,500 kilometers of high-voltage transmission lines and 300 substations. The company also owns and operates interconnection facilities, which connect its system with the transmission network in British Columbia. AltaLink Management Ltd. serves as the general partner of AltaLink, L.P. The company was founded in 2001 and is headquartered in Calgary, Canada. AltaLink, L.P. is a subsidiary of AltaLink Investments, L.P.

2611 - 3rd Avenue S.E.

Calgary, AB T2A 7W7

Canada

Founded in 2001

800 Employees

Phone:

403-267-2110

Key Executives for AltaLink, L.P.

Chief Executive Officer of Altalink Management Ltd, President of Altalink Management Ltd and Director of Altalink Management Ltd
Age: 50
Chief Financial Officer of AltaLink Management Ltd and Executive Vice President of AltaLink Management Ltd
Age: 59
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. Announces Earnings Results for the First Quarter of 2015

AltaLink, L.P. announced earnings results for the first quarter of 2015. For the quarter, the company reported net income of $24.3 million compared with $46.2 million for the same period in 2014. The change is primarily due to the AUC's decision to retroactively require to reduce approved revenue requirements for 2013 and 2014 to reflect their lowering of both return on equity and equity ratios for those years. Revenue for the quarter was $153.7 million compared to $157.4 million in 2014.

AltaLink, L.P. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

AltaLink, L.P. reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company’s comprehensive income was $66.3 million for the quarter ended December 31, 2014 compared with $65.8 million for the same period in 2013. Revenue for the quarter was $219.0 million compared to $181.9 million in 2013. The growth is primarily due to the large increase in investments to expand and reinforce the Alberta transmission system. For the year, the company’s comprehensive income was $215.7 million compared to $164.4 million for 2013. Revenue for 2014 was $728.4 million compared to $534.1 million in 2012.

AltaLink, L.P. Presents at 6th Annual Canadian Power Finance Conference, Jan-30-2015 10:30 AM

AltaLink, L.P. Presents at 6th Annual Canadian Power Finance Conference, Jan-30-2015 10:30 AM. Venue: The Ritz-Carlton, Toronto, Ontario, Canada. Speakers: Steven Burtch, Senior Vice President of Business Development for Altalink Management Ltd.

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