On March 3, 2005, Standard & Poor's Ratings Services revised its outlook on AltaLink L.P. (AltaLink) to stable from negative. At the same time, Standard & Poor's affirmed its 'A-' long-term corporate credit rating on AltaLink. The change in outlook reflects a financial restructuring at AltaLink's parent, AltaLink Investments L.P. that strengthens the holding company's balance sheet and overall financial position and that had already been factored into the ratings. The ratings on AltaLink reflect the company's strong business profile and average financial position. AltaLink benefits from low-risk, efficient electricity transmission assets; an attractive transmission service franchise with favorable economic fundamentals; and the relatively supportive regulatory environment and framework for transmission companies in the Province of Alberta. These strengths are
