Investor Presentaiton
Combined Scale to Deliver Growth
AltaGas (C$mm)
1,2
1
Project
Expected Capex
Target In-Service
Townsend 2B
$80
2019/2020
$6 billion
of identified opportunities
support a diversified business
mix
North Pine Train 2
$50
2019/2020
Ridley Island Propane Export³
$333
2019
Central Penn Pipeline
$547
2018
Mountain Valley
Stonewall Expansion
$441
2018
TBD
TBD
Constitution Pipeline
$120
TBD
Alton Gas Storage
$155
2021
6
Processing / NGL separation
$170
2019
Total Midstream
$1,896
Pro Forma (C$bn)
Business
Capex
Power
Utilities capital
Marquette pipeline4
CINGSA expansion
New Business
Replacements
Other Utility
$450
2018-2021
$173
2019
$33
2020
$831
2018-2021
$1,072
2018-2021
$326
2018-2021
Total Midstream
$1.9
Utility
Total Utility
$2,884
Midstream
Total Utility
$2.9
Energy Storage*
4,5
$150
2018+
Total Power
$1.0
Solar 4,6
$380
2019+
Total Pro Forma
$5.8
Distributed Generation
$502
2018-2021
Total Power
Total Alta Gas
$1,032
$5,812
AltaGas
1 Expectations based on most recent public disclosure / financial reports for AltaGas; 2 Reflects AltaGas' share of the total cost (both incurred and expected);
3 Reflects AltaGas' portion of project capital. Ownership will be 70% ALA and 30% Royal Vopak; 4 Based on a CAD/USD FX rate of 1.26 5 Energy storage capital ranges from $50
million to $350 million and represents a single project up to multiple projects; 6 Project may include a partner
See "forward-looking information" - Note: Numbers may not add due to rounding
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