On May 25, 2007, Standard&Poor's Ratings Services affirmed its 'A-' long-term corporate credit and senior secured debt ratings on AltaLink, L.P. At the same time, Standard&Poor's affirmed its 'BBB-' long-term corporate credit rating and senior unsecured debt ratings on parent company AltaLink Investments L.P. (AILP; BBB-/Stable/--). The outlook on both entities is stable. The ratings on AltaLink reflect the company's strong business risk and intermediate financial risk profiles. AltaLink's credit profile benefits from low-risk, regulated 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 (AAA/Stable/A-1+). These strengths are offset by capital funding requirements to meet significant network
