We expect that the terminal will contribute $60 mm in annual EBITDA beginning in 2019 and that this terminal increases AltaGas’s DCF-NAV (8%, Atax) by 3%. Risks to our estimates include possible delays in permitting, a potential capital cost increase, as well as commercial risk, that is, the terminal does not get enough business to pay its return of capital and return on capital.
21 Jan 2016
AltaGas Ltd. (ALA) Reaches Agreement To Build 40,000 bbl/d Propane Export Terminal Near Prince Rupert
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AltaGas Ltd. (ALA) Reaches Agreement To Build 40,000 bbl/d Propane Export Terminal Near Prince Rupert
AltaGas Ltd. (ALA:TSE) | 0 0 0.5% | Mkt Cap: 4,575m
- Published:
21 Jan 2016 -
Author:
Steven I. Paget -
Pages:
6
We expect that the terminal will contribute $60 mm in annual EBITDA beginning in 2019 and that this terminal increases AltaGas’s DCF-NAV (8%, Atax) by 3%. Risks to our estimates include possible delays in permitting, a potential capital cost increase, as well as commercial risk, that is, the terminal does not get enough business to pay its return of capital and return on capital.