Supportive regulation Low-risk, efficient electricity transmission assets Ring-fencing measures somewhat insulate AltaLink, L.P. from its weaker parent AltaLink Investments, L.P. Average financial profile Cash flows insufficient to fund large capital infrastructure growth The ratings on AltaLink, L.P. (AltaLink) reflect the company's strong business profile and average financial position. AltaLink's credit profile benefits from: low-risk, electricity transmission assets; an attractive service area with favorable economic fundamentals; and the relatively supportive regulatory environment and market framework for transmission companies in the Province of Alberta. These strengths are offset by a financial profile constrained by regulatory directives and pressured by capital funding requirements to meet significant network growth in the period 2006-2009. Alberta-based AltaLink is a regulated transmission company wholly owned by AltaLink
