PSP Investments and ATRF Complete Acquisition of AltaGas Canada Inc.
Montreal, Quebec--(Newsfile Corp. - March 31, 2020) - AltaGas Canada Inc. (TSX: ACI) ("ACI"), the Public Sector Pension Investment Board ("PSP Investments") and the Alberta Teachers' Retirement Fund Board ("ATRF") are pleased to announce the completion today of the acquisition of all of the 30,000,000 common shares of ACI ("Common Shares") by PSPIB Cycle Investments Inc. (the "Purchaser"), a wholly-owned subsidiary of TriSummit Cycle Holding Inc. ("Holdco"), in an all-cash transaction...
2020-03-31 9:39 AM EDT
AltaGas Canada Inc. Receives All Approvals for the Arrangement Involving PSP Investments And ATRF
Montreal, Quebec--(Newsfile Corp. - March 25, 2020) - AltaGas Canada Inc. (TSX: ACI) ("ACI"), Public Sector Pension Investment Board ("PSP Investments") and the Alberta Teachers' Retirement Fund Board ("ATRF") announced today that approval has been received from the Alberta Utilities Commission and the British Columbia Utilities Commission with respect to the previously announced arrangement of ACI (the "Arrangement"), whereby all of the issued and outstanding common shares of ACI ("Common...
2020-03-25 6:00 AM EDT
AltaGas Canada Inc. Delivers Solid Full-Year Financial Results with Strong Earnings Growth from Both Utilities and Renewables
Calgary, Alberta--(Newsfile Corp. - March 5, 2020) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its fourth quarter and full year 2019 financial results. Highlights: Achieved normalized net income1 of $45.3 million ($1.51 per share) for 2019, an increase of approximately 12 percent over 2018 adjusted normalized net income of $40.5 million ($1.35 per share)2; Delivered five percent growth in combined utilities rate base, which increased to $941 million at year end 2019 compared to...
2020-03-05 7:45 AM EST
AltaGas Canada Inc. to Release Fourth Quarter and Full Year 2019 Results Thursday, March 5, 2020
Calgary, Alberta--(Newsfile Corp. - February 13, 2020) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its fourth quarter and year-end 2019 financial results on Thursday, March 5, 2020 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca. About ACI ACI is a Canadian company with natural gas distribution utilities and renewable power generation assets. ACI serves approximately 130,000 customers, delivering low...
2020-02-13 12:17 PM EST
AltaGas Canada Inc. Shareholders Approve Arrangement Involving PSP Investments and ATRF
Alberta and Montreal, Quebec--(Newsfile Corp. - December 19, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI"), and a consortium formed by the Public Sector Pension Investment Board ("PSP Investments") and the Alberta Teachers' Retirement Fund Board ("ATRF" and together with PSP Investments, the "Consortium") announced today that the holders of common shares of ACI ("Common Shares") have approved the previously announced arrangement (the "Arrangement"). Pursuant to the Arrangement, the...
2019-12-19 1:42 PM EST
AltaGas Canada Inc. Announces Strong Third Quarter 2019 Results
Calgary, Alberta--(Newsfile Corp. - November 7, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its third quarter 2019 financial results. Highlights: Achieved normalized net income1 of $2.4 million ($0.08 per share) for the third quarter of 2019 compared to an adjusted normalized net loss2 of $1.3 million ($0.04 per share) in the third quarter of 2018; Achieved net income after tax of $2.8 million ($0.09 per share) for the third quarter of 2019 compared to $0.5 million ($0.02...
2019-11-07 7:45 AM EST
AltaGas Canada Inc. to Be Acquired by PSP Investments and ATRF in a $1.7 Billion Transaction
Alberta and Montreal, Quebec--(Newsfile Corp. - October 21, 2019) - AltaGas Canada Inc. ("ACI") (TSX: ACI), the Public Sector Pension Investment Board ("PSP Investments"), and the Alberta Teachers' Retirement Fund Board ("ATRF") announced today that PSP Investments and ATRF (together, the "Consortium") and ACI have concluded a definitive arrangement agreement (the "Arrangement Agreement") whereby the Consortium will indirectly acquire all of the issued and outstanding common shares of ACI...
2019-10-21 7:30 AM EDT
AltaGas Canada Inc. to Release Third Quarter 2019 Results on November 7, 2019
Calgary, Alberta--(Newsfile Corp. - October 15, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its third quarter 2019 financial results on Thursday, November 7, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca. About ACI ACI is a Canadian company with natural gas distribution utilities and renewable power generation assets. ACI serves approximately 130,000 customers, delivering low carbon...
2019-10-15 6:38 PM EDT
AltaGas Canada Inc. Announces Second Quarter 2019 Results; Increases Common Share Dividend 9.5 Percent
Calgary, Alberta--(Newsfile Corp. - August 8, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its second quarter 2019 financial results. Highlights: Achieved normalized net income1 of $3.8 million ($0.13 per share) for the second quarter 2019 compared to adjusted normalized net income2 of $3.4 million ($0.11 per share) in the second quarter 2018; Achieved net income after tax of $3.9 million ($0.13 per share) for the second quarter 2019 compared to $3.7 million ($0.12 per...
2019-08-08 7:45 AM EDT
AltaGas Canada Inc. to Release Second Quarter 2019 Results on August 8, 2019
Calgary, Alberta--(Newsfile Corp. - July 18, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its second quarter 2019 financial results on Thursday, August 8, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca. About ACI ACI is a Canadian company with natural gas distribution utilities and renewable power generation assets. ACI serves approximately 130,000 customers, delivering low carbon energy,...
2019-07-18 10:33 AM EDT
AltaGas Canada Inc. Announces Progress to Reactivate Capacity on Pacific Northern Gas Ltd's Western Transmission Pipeline
Calgary, Alberta--(Newsfile Corp. - July 8, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced that its wholly owned subsidiary Pacific Northern Gas Ltd. ("PNG") has filed an application with the British Columbia Utilities Commission ("BCUC") for approval of a large volume industrial transportation rate required in its proposed process for allocation of reactivated capacity on its western transmission pipeline (the "Application"). "Filing this Application with the BCUC marks a...
2019-07-08 7:45 AM EDT
AltaGas Canada Inc. Announces Election of Directors
Calgary, Alberta--(Newsfile Corp. - May 9, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") is pleased to announce the final director election results from its 2019 Annual Meeting of Shareholders held on May 9, 2019 (the "Meeting"). All nominees recommended by management for election were elected for a term ending at the next annual meeting. The detailed results of the vote are set out below:
2019-05-09 11:16 PM EDT
AltaGas Canada Inc. Announces Strong First Quarter 2019 Financial Results
Calgary, Alberta--(Newsfile Corp. - May 8, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its first quarter 2019 financial results. Highlights: Achieved normalized net income1 of $20.4 million ($0.68 per share) for the first quarter 2019 compared to adjusted normalized net income2 of $18.5 million ($0.62 per share) in the first quarter 2018; Achieved net income after tax of $19.2 million ($0.64) per share in the first quarter 2019; Expects commercial development related to...
2019-05-08 7:45 AM EDT
AltaGas Canada Inc. to Release First Quarter 2019 Results on May 8, 2019 and Hold Its First Annual Meeting of Shareholders on May 9, 2019
Calgary, Alberta--(Newsfile Corp. - April 18, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its first quarter 2019 financial results on Wednesday, May 8, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca. Annual General Meeting of Shareholders ACI will hold its Annual General Meeting of Shareholders on Thursday May 9, 2019 at 3:00pm MT (5:00pm ET). The meeting will be held at: The Metropolitan...
2019-04-18 3:14 PM EDT
AltaGas Canada Inc. Closes $250 Million Medium-term Note Offering
Calgary, Alberta--(Newsfile Corp. - April 3, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has completed its $250 million issuance of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 3.15% and mature on April 6, 2026. The net proceeds resulting from the Offering will be used to repay (i) as to approximately $210 million, a portion of the amount outstanding on the $250 million unsecured term loan which ACI has with a syndicate of lenders,...
2019-04-03 9:08 AM EDT
AltaGas Canada Inc. Announces $250 Million Medium-Term Note Offering
Calgary, Alberta--(Newsfile Corp. - April 1, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has agreed to issue $250 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 3.15% and mature on April 6, 2026. The Offering is expected to close on or about April 3, 2019. The net proceeds resulting from the Offering will be used to repay (i) as to approximately $210 million, a portion of the amount outstanding on the $250 million...
2019-04-01 5:52 PM EDT
AltaGas Canada Inc. Announces Fourth Quarter and Full Year 2018 Financial Results
Calgary, Alberta--(Newsfile Corp. - March 7, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") today announced its fourth quarter and full year 2018 financial results. Highlights: Achieved normalized net income1 of $41.8 million ($1.39 per share) for 2018 which is equivalent to $40.5 million ($1.35 per share)1 when adjusted for ACI's new capital structure; Delivered 6 percent growth in combined utilities rate base, which increased to $886 million at year end 2018 compared to $834 million at the...
2019-03-07 7:45 AM EST
AltaGas Canada Inc. to Release Fourth Quarter and Full Year 2018 Results Thursday, March 7, 2019
Calgary, Alberta--(Newsfile Corp. - February 14, 2019) - AltaGas Canada Inc. (TSX: ACI) ("ACI") will release its fourth quarter and year-end 2018 financial results on Thursday, March 7, 2019 before market open. ACI's Management's Discussion & Analysis as well as Financial Statements will be posted on www.altagascanada.ca. About ACI ACI is a Canadian company with natural gas distribution utilities and renewable power generation assets. ACI serves approximately 130,000 customers, delivering low...
2019-02-14 6:14 PM EST
AltaGas Canada Inc. Closes $300 Million Medium-Term Note Offering
Calgary, Alberta--(Newsfile Corp. - December 5, 2018) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has completed its $300 million issuance of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.26% and mature on December 5, 2028. The net proceeds from the Offering will be used to pay down a portion of the amount outstanding under the promissory note dated October 18, 2018 in the principal amount of $351.2 million held by AltaGas Ltd. The...
2018-12-05 9:03 AM EST
AltaGas Canada Inc. Announces $300 Million Medium-Term Note Offering
Calgary, Alberta--(Newsfile Corp. - December 3, 2018) - AltaGas Canada Inc. (TSX: ACI) ("ACI") announced that it has agreed to issue $300 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.26% and mature on December 5, 2028. The Offering is expected to close on or about December 5, 2018. The net proceeds resulting from the Offering will be used to pay down a portion of the amount outstanding under the promissory note dated October 18, 2018 in...
2018-12-03 6:18 PM EST