ALA.PR.U AltaGas Ltd

AltaGas Ltd. (AltaGas) (TSX:ALA) (TSX:ALA.PR.A) (TSX:ALA.PR.U) (TSX:ALA.PR.E)
today announced the start of waterflow at its 195 MW Forrest Kerr run-of-river
hydroelectric facility. AltaGas expects to start generating power in Mid-2014
subject to the availability of the Northwest Transmission Line (NTL).


"We are very close to starting up our Forrest Kerr facility and providing clean
energy to the BC electricity grid," said David Cornhill, Chairman and CEO of
AltaGas. "The contribution from our dedicated staff, the Tahltan First Nation
and our contractors during the past four years of construction has been nothing
short of phenomenal." 


The weir, in-take structure, de-sanding area and radial gate control valve have
all been commissioned. As part of the final phases of commissioning, water will
fill the power tunnel gradually over a seven day period in preparation for full
speed no load testing on the turbines and supporting auxiliary systems. AltaGas
will also start commissioning the power house using on-site generation. Once the
NTL is available, commissioning to tie Forrest Kerr into the transmission line
will begin. 


The Forrest Kerr facility will deliver clean energy to British Columbia and is
capable of powering 70,000 homes. 


AltaGas is an energy infrastructure business with a focus on natural gas, power
and regulated utilities. AltaGas creates value by acquiring, growing and
optimizing its energy infrastructure, including a focus on clean energy sources.
For more information visit: www.altagas.ca 


This news release contains forward-looking statements. When used in this news
release, the words "may", "would", "could", "will", "intend", "plan",
"anticipate", "believe", "seek", "propose", "estimate", "expect", and similar
expressions, as they relate to AltaGas or an affiliate of AltaGas, are intended
to identify forward-looking statements. In particular, this news release
contains forward-looking statements with respect to, among other things,
business objectives, expected growth, results of operations, performance,
business projects and opportunities and financial results. These statements
involve known and unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those anticipated in such
forward-looking statements. Such statements reflect AltaGas' current views with
respect to future events based on certain material factors and assumptions and
are subject to certain risks and uncertainties, including without limitation,
changes in market, competition, governmental or regulatory developments, general
economic conditions and other factors set out in AltaGas' public disclosure
documents. Many factors could cause AltaGas' actual results, performance or
achievements to vary from those described in this news release, including
without limitation those listed above. These factors should not be construed as
exhaustive. Should one or more of these risks or uncertainties materialize, or
should assumptions underlying forward-looking statements prove incorrect, actual
results may vary materially from those described in this news release as
intended, planned, anticipated, believed, sought, proposed, estimated or
expected, and such forward-looking statements included in, or incorporated by
reference in this news release, should not be unduly relied upon. Such
statements speak only as of the date of this news release. AltaGas does not
intend, and does not assume any obligation, to update these forward-looking
statements. The forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
AltaGas Ltd.
Investment Community
1-877-691-7199
investor.relations@altagas.ca


AltaGas Ltd.
Media
(403) 269-5701
media.relations@altagas.ca
www.altagas.ca

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