AltaGas Ltd.

AltaGas Ltd. functions as an energy infrastructure firm across North America. Its operations are segmented into two primary divisions: Utilities and Midstream. The Utilities segment is responsible for the ownership and management of rate-regulated natural gas distribution and storage utilities. These services are provided to approximately 1.7 million customers in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia. This division also facilitates the inter-state transportation and storage of natural gas. The Midstream segment's activities encompass the gathering and extraction of natural gas, featuring an extraction processing capacity of 1.2 billion cubic feet per day (Bcf/d) and a comparable 1.2 Bcf/d capacity for raw field gas processing. It also manages fractionation and liquids handling, as well as the marketing of both natural gas and natural gas liquids. Furthermore, this segment is involved in the export and distribution of LPG, logistics, the operation of trucking and rail terminals, and liquid storage services. Additionally, AltaGas Ltd. operates gas-fired power generation and distribution facilities in California and Colorado, with a combined generating capacity of 578 megawatts. The company primarily serves residential, commercial, and industrial clients, particularly those located within the Western Canada Sedimentary Basin. Founded in 1994, AltaGas Ltd. maintains its corporate headquarters in Calgary, Canada.