June 9, 2012 – AltaGas Renewable Energy Inc. (a wholly owned subsidiary of AltaGas Ltd.) has received an environmental assessment (EA) certificate for the proposed McLymont Creek hydroelectric project.

The proposed $217-million project will be located on McLymont Creek about 100 km northwest of Stewart and 140 km southwest of Iskut. Once completed, the project will produce up to 70MW of run-of-river hydroelectric energy.

It will include 9.5 km of new main access road to the main powerhouse, 6.2 km of new access road from the powerhouse to the intake on McLymont Creek, a 10-km, 69kV transmission line from the Forrest Kerr hydroelectric project switchyard to the project switchyard, as well as other components located on McLymont Creek.

BC Hydro awarded AltaGas Renewable Energy Inc. an Electricity Purchasing Agreement (EPA) in November 2011. Under the conditions of the EPA, the project’s commercial operational date (electricity delivery date to the BC Hydro grid) is November 2015.