What's in a name? More than you think...
This is AltaGas.
Our business lines are geographically diversified across Canada and include natural gas extraction and transmission, distribution and storage, energy services and power generation, as well as the natural gas gathering and processing AltaGas has historically been known for.
Founded in 1994 with the vision of building the first major independent Canadian midstream company, AltaGas has evolved into a diversified operator and developer of gas and power infrastructure. Today our gas business gathers, processes, transports, distributes, stores and markets natural gas and natural gas liquids (NGLs), touching more than 2 Bcf/d of gas from coast to coast to coast in Canada.
Our existing power portfolio is being supplemented with clean sources of power, such as wind, run-of-river hydro, geothermal and gas-fired generation. We invest in renewable energy because it's consistent with our strategy of holding long-term, high-quality assets with good returns. Our goal is to diversify our power portfolio by fuel source, geography and contract type. Renewable projects expand our business, ensuring its long-term sustainability while reducing our emissions intensity. Secured by long-term contracts, these projects will provide clean energy to consumers in return for stable cash flow.
In 16 years AltaGas has grown from 20 employees and $3.5 million in assets to a workforce of more than 900 and an asset base of $2.6 billion. We remain committed to health, safety and the environment, our people and the community.