AltaGas Ltd.

Learning today, leading tomorrow!     In partnership with Indspire, the AltaGas Bright Futures Bursary provides financial support for Indigenous students pursuing post-secondary education.     The support from the bursaries helps alleviate the burden of educational costs, allowing students to concentrate on their studies and achieve their academic goals.     Investing in student success helps lays the groundwork for resilient and prosperous communities.     Apply before Nov. 1 to qualify: https://lnkd.in/gtuFqWky

Propane: the power behind the flame.  Today is National Propane Day – a day that recognizes a form of energy that is both reliable and affordable. Propane plays a critical role in the global energy mix and Ridley Island Propane Export Terminal (RIPET) is at the forefront of meeting the world’s demand for liquefied petroleum gas (LPG).  As Canada’s first propane export facility, RIPET is a direct access to the Asian markets and is uniquely positioned to flex to global needs.  Did you know? Approximately one out of every five LPG barrels imported into Japan originates from an AltaGas export facility. #CanadianEnergy #CanadianPropane Canadian Propane Association Canadian Association of Petroleum Producers (CAPP)

Welcome to Harmattan!      Did you know? The Harmattan Gas Processing Complex is one of the largest gas plants in #Alberta – proudly owned and operated by our team in #Sundre for 16 years.     At Harmattan, we transform natural gas liquids (NGLs) from their raw form by separating, extracting, and using fractionation to convert the resource into products like ethane, propane, butane and condensate.     This facility has the capacity to process 490 million cubic feet of gas daily, helping to store and transport the energy needed across #NorthAmerica in service of over 70 different producers.  

Building strong communities is fundamental to what we do. Supporting local initiatives and organizations like the Fort St. John Literacy Society is one of ways we can play a small role in community prosperity. Thank you to the incredible community of #FortStJohn and to those who donated to help raise funds to keep free books in the hands of some of Fort St. John youngest readers. 

And we’re off! Jetty construction on our REEF project kicked off in August – building a strong foundation for a critical project that will connect global markets with #Canadian liquid petroleum gas (LPG).     At a glance, here’s a snapshot of the progress from our team on the ground 🦺📸.     For more on REEF construction updates: https://lnkd.in/gUt-qXi6 Vopak

News of Canadian rail stoppages has already had significant repercussions beyond our borders.    As a global energy trader, we have proactive contingency plans in place to mitigate and manage the disruption.       We remain optimistic that a resolution will soon end this stoppage, enabling the thousands affected to resume delivering critical resources for our economy and to our communities. 

When community and collaboration meet, it creates opportunity at home and abroad.     The Ridley Island Energy Export Facility (REEF) is a critical project that will connect Canadian liquified petroleum gas (LPG) to global markets and drive valuable outcomes for our customers.    The REEF project is the result of years of collaboration with Indigenous and local communities, alongside federal and provincial regulators, positioning Canada as an energy trading partner on the global stage.   This joint venture project with our partners at Vopak is planned to be developed and brought online in phases and is expected to come online in late 2026.   Follow along for REEF related updates here: https://lnkd.in/gnD82bzV

A few weeks later, and we’re still replaying the Enbridge Tour Alberta for Cancer ride.    Grit, courage and teamwork are three words that come to mind when we think about the two-day ride and the impact it will have within our community.     These are some of the voices and faces that represent our proud AltaGas team. Until next year!

Our Q2 results are here – strong and steady. Here’s the progress we’ve made:     📈 Year-over-year growth in our Midstream and Utilites business.    ✅️ A positive final investment decision (FID) on the Ridley Island Export Facility (REEF), with our partner Vopak.    ⬆️️ Increased EBITDA to $295 million, compared to $239 million in Q2 of 2023.     Thank you to our team who are driving these results and positioning us to deliver reliable and affordable energy across the globe.     Learn more here: https://lnkd.in/gkcE7SQZ

Empowering our communities starts at home.     Investing in the communities where we live and operate is one of the ways we can give back.    Partnering with Indspire, the AltaGas Brighter Future Bursary provides financial assistance to Indigenous students who are attending a post-secondary educational institution and are from the Prince Rupert and Fort St. John area of B.C.  Apply before Aug. 1 to qualify: https://lnkd.in/gtuFqWky