On November 28, 2022,  AltaLink issued $275 million of 4.692 percent Senior Secured Notes due 2032 on a private placement basis, with a syndicate led by RBC Dominion Securities Inc., Scotia Capital Inc. and BMO Nesbitt Burns Inc. The proceeds from the offering will be used to repay or refinance existing indebtedness or for general corporate purposes. 

AltaLink is Alberta’s largest electricity transmission provider specializing in providing innovative solutions to meet the province’s demand for reliable and affordable energy. As a subsidiary of Berkshire Hathaway Energy, AltaLink is part of a global group of companies focused on delivering energy services to customers worldwide.

Osler, Hoskin & Harcourt LLP advised the syndicate of dealers with a team consisting of John Macfarlane, Kelsey Armstrong, Sandra Malcolm and Wesley Cohen (Corporate).