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, President of Altalink Management Ltd and Director 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. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Feb 27 15
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
Jan 6 15
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.
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.
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