AltaGas Joins Canadian Shopping Spree in U.S.

AltaGas Joins Canadian Shopping Spree in U.S.

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses AltaGas's acquisition of WGL Holdings for $4.6 billion, highlighting the trend of Canadian utility companies expanding into the US market due to limited growth opportunities in Canada. The acquisition includes a gas utility servicing Washington DC, including the White House. The discussion also touches on the potential impact of the Trump presidency on the deal, with AltaGas expressing confidence in maintaining WGL's headquarters in Washington DC and not raising customer rates.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Can you name other Canadian companies involved in acquiring U.S. utilities?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was Alta Gas's commitment regarding WGL's headquarters and customer rates?

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