# AltaGas

AltaGas is an Asset Manager based in Calgary, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Calgary, Canada
- **Region:** North America
- **Address:** 707 5th Street SW, Suite 1300, Calgary, AB T2P 1V8, Canada
- **Assets under management:** Undisclosed
- **Website:** altagas.ca

## Regulatory record

- **Reports private funds:** No

## About

AltaGas (TSE: ALA) is a diversified energy infrastructure company focused on natural gas, power, and regulated utilities. It acquires, grows, and optimizes energy infrastructure, prioritizing clean energy sources. AltaGas has one portfolio exit, including the sale of AltaGas - Alaskan Utilities on May 26, 2022.

## Sectors

- Energy Transition & Renewables
- Infrastructure
- Utilities

## Questions

### Who runs investment decisions at AltaGas?

AltaGas is a publicly traded corporation (TSX: ALA), so investment decisions are made by its executive leadership under board oversight. The company's leadership team includes a CEO, CFO, and other senior officers with backgrounds in energy and utilities. Individual investment decisions—such as capital allocation to projects or acquisitions—are subject to board approval and public disclosure.

### Does AltaGas make direct investments in external companies or only own its own assets?

AltaGas primarily invests in its own midstream and utility assets rather than making external equity investments in portfolio companies. Its capital deployment focuses on organic growth projects, acquisitions of infrastructure assets, and maintenance of existing facilities. The company has not publicly reported direct investments in external private companies.

### What investment stages or asset classes does AltaGas target?

AltaGas focuses on midstream energy infrastructure (natural gas processing, fractionation, storage, export) and regulated utilities (gas distribution, electric transmission). It also owns power generation assets including hydroelectric, wind, and natural gas-fired plants. The firm targets lower-risk, regulated or contracted assets rather than speculative or early-stage projects.

### Which sectors does AltaGas explicitly avoid?

AltaGas does not publicly disclose a list of avoided sectors, but its stated strategy centers on midstream and utility assets. The firm has not publicly invested in upstream exploration and production, nor in unregulated merchant power without long-term contracts. Its acquisitions since 2020 have been limited to North American midstream and utility assets.

## Related profiles

- [Azenta](https://altss.com/profile/azenta)
- [Cimpress Plc](https://altss.com/profile/cimpress-plc)

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Last updated: 2026-06-03T20:00:00.000Z

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