Vision & Strategy
To be a leading North American diversified energy infrastructure company.
To execute opportunities created by the abundance of natural gas and the increasing global demand for clean energy, by owning and operating a diversified mix of assets in gas, power and utilities.
More than 1,700 employees across North America are focused on executing AltaGas’ strategy through three business segments: Gas, Power, and Utilities.
In the Gas segment, AltaGas’ strategy is to provide a fully-integrated midstream service offering to its customers across the energy value chain. AltaGas is focused on developing and operating larger gas infrastructure projects, as well as building and acquiring gathering and processing infrastructure on behalf of, or from, producers seeking to redeploy capital to exploration and production activities rather than to non-core activities such as gas processing. By establishing a western energy hub in northeast British Columbia; through its ownership interest in Petrogas and the Ferndale Terminal; and through the proposed Ridley Island Propane Export Terminal currently under development, AltaGas is uniquely positioned to move natural gas and natural gas liquids (NGL or NGLs) to key markets, including Asia, and to potentially deliver higher netbacks to producers for natural gas liquids.
AltaGas’ Power segment is focused on meeting North America’s demand for clean energy by building, owning, and operating a diversified portfolio of clean energy assets. There is a particular focus on natural gas-fired power generation, which is expected to provide critical load balancing across North America, as significant nuclear and coal-fired power generation is expected to be decommissioned over the next decade and be replaced by renewable power and natural gas-fired power generation. AltaGas is positioned to take advantage of this opportunity.
In the Utilities segment, AltaGas is focused on finding innovative ways to continue to safely and reliably deliver clean and affordable natural gas to more customers. AltaGas focuses on growing rate base through adding customers, including serving power plants within service jurisdictions, and improving and upgrading existing infrastructure to meet increased residential and commercial demand. AltaGas also seeks to execute strategic utility acquisitions and dispositions when opportunities arise.