DBRS Releases Report on AltaLink Investments, L.P.

DBRS has today released a report on AltaLink Investments, L.P. (AILP) that provides further detail on the recent confirmation of AILP’s rating at BBB with a Stable trend.

The rating confirmation is based on the strength of AILP’s 100% economic interest in AltaLink, L.P. (ALP, rated “A” and R-1 (low)), its stable cash flow from ALP to meet financial obligations and the continued strong commitment from AILP’s indirect owners, SNC-Lavalin Group Inc. (SNC-Lavalin, rated BBB (high)) and Macquarie Transmission Alberta Ltd. (Macquarie), to fund their future required equity calls in support of ALP’s capital build-out.

DBRS notes that SNC-Lavalin recently announced its intention to purchase Macquarie’s current 23.1% indirect ownership interest in AILP and ALP, thereby increasing its indirect interest to 100%. The proposed increase, which is subject to regulatory approval, will not have an impact on AILP’s nor on ALP’s ratings.

Today’s report and the February 9, 2011, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.