AltaGas Ltd. operates as an energy infrastructure company in North America. Segments The company operates through three segments, Utilities, Midstream, and Power. Utilities segment This segment owns utility assets that deliver natural gas to end-users in the United States. This segment in the United States includes Washington Gas (in the District of Columbia, Maryland and Virginia), Hampshire Gas in West Virginia, SEMCO Energy, Inc. (SEMCO) Gas in Michigan, ENSTAR (the natural gas distribution business conducted by SEMCO Energy in Alaska under the name ENSTAR Natural Gas Company) in Alaska and a 65 percent interest in Cook Inlet Natural Gas Storage Alaska, LLC (CINGSA), a regulated natural gas storage utility in Alaska. This segment serves approximately 1.6 million customers through ownership of regulated natural gas distribution utilities across 5 jurisdictions in the United States and two regulated natural gas storage utilities in the United States, delivering natural gas to homes and businesses. This segment also includes storage facilities and contracts for interstate natural gas transportation and storage services. Washington Gas Washington Gas engages in the natural gas distribution business, and provides regulated gas distribution services to end users in District of Columbia, Virginia, and Maryland. The utility has approximately 1.2 million customers across these three jurisdictions, including District of Columbia, Maryland, and Virginia. As of December 31, 2018, Washington Gas had service agreements with four pipeline companies that provided firm transportation and storage services, with contract expiration dates ranging from 2019 to 2044. Washington Gas has also contracted with various interstate pipeline and storage companies to add to its storage and transportation capacity starting in 2019. Hampshire Gas Hampshire Gas owns underground natural gas storage facilities, including pipeline delivery facilities located in and around Hampshire County, West Virginia, and operates these facilities to serve Washington Gas. Hampshire Gas is regulated by the United States Federal Energy Regulatory Commission (FERC). Hampshire Gas operates under a ‘pass-through’ cost of service based tariff approved by FERC. SEMCO Energy SEMCO Energy’s primary business is a gas utility business. It operates regulated natural gas transmission and distribution divisions in Michigan, doing business as SEMCO Gas, and in Alaska, doing business as ENSTAR. SEMCO Energy’s gas utility business also includes a 65 percent ownership interest in CINGSA, a regulated natural gas storage utility in Alaska. The gas utility business purchases, transports, distributes and sells natural gas and related gas distribution services to residential and commercial and industrial (C&I) customers. SEMCO Gas In Michigan, SEMCO Gas distributes natural gas to approximately 303,000 regulated customers located in both southern Michigan and Michigan’s Upper Peninsula, approximately 84 percent of which are residential. The remaining customers include power plants, food production facilities, furniture manufacturers and other industrial customers. The SEMCO Gas natural gas transmission and delivery system in Michigan includes approximately 151 miles of gas transmission pipelines and 6,175 miles of gas distribution mains. The pipelines and mains are located throughout the southern half of Michigan’s Lower Peninsula (including in and around the cities of Albion, Battle Creek, Holland, Niles, Port Huron and Three Rivers) and also in the central, eastern and western areas of Michigan’s Upper Peninsula. SEMCO Gas has access to natural gas supplies throughout the United States and Canada through interstate and intrastate pipelines in and near Michigan. ENSTAR In Alaska, ENSTAR distributes natural gas to approximately 145,000 customers in the metropolitan Anchorage area and surrounding Cook Inlet area, approximately 91 percent of which are residential. The remaining gas sales customers include hospitals, universities and government buildings. ENSTAR also provides gas transportation service to power plants and a liquefied natur
altagas ltd (ALA:Toronto)
355 - 4th Avenue SW
Calgary, AB T2P 0J1
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.
|No competitor information is available for ALA.|
|View Industry Companies|
Sponsored Financial Commentaries
Only a company representative may request an update for the company profile. Documentation will be required.
To contact ALTAGAS LTD, please visit www.altagas.ca. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.