AltaLink, L.P.

AltaLink, L.P.

March 07, 2005 07:00 ET

AltaLink Credit Rating Outlook Revised to Stable


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ALTALINK, L.P.

MARCH 7, 2005 - 07:00 ET

AltaLink Credit Rating Outlook Revised to Stable

CALGARY, ALBERTA--(CCNMatthews - March 7, 2005) - AltaLink, L.P.
(AltaLink), Alberta's largest electric transmission provider, today
announced that Standard and Poor's (S&P) confirmed AltaLink's 'A-'
long-term corporate credit rating and revised AltaLink's rating outlook
from negative to stable.

This change in the outlook is in response to the completion of a
refinancing of debt with equity at AltaLink's limited partner, AltaLink
Investments, L.P. (AILP).

AltaLink is responsible for the maintenance and operation of more than
11,850 kilometres of transmission lines and more than 260 substations in
Alberta. As Alberta's largest supplier of electrical transmission,
AltaLink is dedicated to meeting the growing electricity needs of
Albertans.

NOT FOR DISSEMINATION IN THE UNITED STATES

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    AltaLink Management Ltd. - Media Relations
    Scott Schreiner
    Manager, Communications
    (403) 267-2176
    Email: scott.schreiner@altalink.ca
    or
    AltaLink Management Ltd. - Investor Inquiries
    Dimitrios (Jim) Leonidas
    Executive Vice President and CFO
    (403) 267-3413
    Email: jim.leonidas@altalink.ca