AltaGas Progresses Negotiations on Impact Benefit Agreements for McLymont Creek and Volcano Creek Projects

June 01, 2011

CALGARY, ALBERTA--(Marketwire - June 1, 2011) - AltaGas Ltd. (AltaGas) (TSX:ALA) today announced that it has, through an indirect wholly owned subsidiary, negotiated two draft Impact Benefit Agreements (IBAs) with the Tahltan Central Council for the proposed 55-70 MW McLymont Creek and 15-18 MW Volcano Creek hydroelectric run-of-river projects located in Tahltan Nation traditional territory.

A ratification vote is scheduled to take place from July 15th to 22nd. Information about the ratification process and the IBAs can be found on the Tahltan website at

AltaGas and the Tahltan leadership are scheduled to conduct community meetings during the week of June 5th to 12th, 2011, in Tahltan communities in British Columbia and the Yukon in order to provide information on the McLymont Creek and Volcano Creek projects and the IBAs that have been negotiated.

More information on the McLymont Creek and Volcano Creek projects is available on AltaGas' website at

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 renewable energy sources. For more information visit:

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