Orders

 

ORDER NUMBER

G-345-19

 

IN THE MATTER OF

the Utilities Commission Act, RSBC 1996, Chapter 473

 

and

 

AltaGas Canada Inc. and PSPIB Cycle Investments Inc.

Application to Acquire a Reviewable Interest in Each of

Pacific Northern Gas Ltd. And Pacific Northern Gas (N.E.) Ltd.

 

BEFORE:

W. M. Everett, QC, Panel Chair

C. M. Brewer, Commissioner

M. Kresivo. Commissioner

 

on December 31, 2019

 

ORDER

WHEREAS:

 

A.      On November 19, 2019, the British Columbia Utilities Commission (BCUC) received a joint application from AltaGas Canada Inc. (ACI) and PSPIB Cycle Investments Inc. (PSPIB) pursuant to section 54 of the Utilities Commission Act (Act) for PSPIB acquiring a reviewable interest in each of Pacific Northern Gas Ltd. (PNG) and PNG’s wholly owned subsidiary Pacific Northern Gas (N.E.) Ltd (PNG(NE)) through the acquisition of all of the issued and outstanding common shares of ACI (Application);

B.      PNG is a direct wholly owned subsidiary of ACI;

C.      PNG provides natural gas distribution service to 12 communities in northwestern British Columbia and PNG(NE) provides natural gas distribution service to communities in northeastern British Columbia;

D.      PNG and PNG(NE) are public utilities regulated by the BCUC under the UCA;

E.       The approval of the Application would result in PSPIB acquiring all of the common shares of ACI, thus acquiring a reviewable interest in both PNG and PNG(NE);

F.       On December 19, 2019, by Order G-344-19, the BCUC established a regulatory timetable for the review of the Application;

G.     On December 24, 2019, PNG filed a letter with the BCUC stating, due to publication date cut-offs, it is unable to publish the Notice of Application by January 6, 2020 and requested an extension to the regulatory timetable set out in Order G-344-19; and

H.      The BCUC has reviewed the PNG’s letter and determines an amendment to the regulatory timetable is warranted.

 

NOW THEREFORE the BCUC orders the regulatory timetable attached as Appendix A to Order G-344-19 is amended as set out in Appendix A to this order.

 

DATED at the City of Vancouver, in the Province of British Columbia, this            31st           day of December 2019.

 

BY ORDER

 

Original Signed By:

 

W. M. Everett, QC

Commissioner

 

 

Attachment

 

 

AltaGas Canada Inc. and PSPIB Cycle Investments Inc.

Application to Acquire a Reviewable Interest in Each of

Pacific Northern Gas Ltd. And Pacific Northern Gas (N.E.) Ltd.

 

 

 

 

 

 

ALTAGAS CANADA INC. AND PSPIB CYCLE INVESTMENTS INC.

APPLICATION TO ACQUIRE REVIEWABLE INTEREST IN PNG

On November 19, 2019, AltaGas Canada Inc. (ACI) and PSPIB Cycle Investments Inc. (PSPIB) filed an Application requesting approval pursuant to section 54 of the Utilities Commission Act (UCA) for PSPIB acquiring a reviewable interest in each of Pacific Northern Gas Ltd. (PNG) and PNG’s wholly-owned subsidiary Pacific Northern Gas (N.E.) Ltd (PNG(NE)) through the acquisition of all of the issued and outstanding common shares of ACI. PNG is a direct wholly owned subsidiary of ACI. The completion of the Application would result in PSPIB acquiring all of the common shares of ACI, thus purchasing a reviewable interest in both PNG and PNG(NE).

 

 

For more information on getting involved, please visit our website (www.bcuc.com/get-involved) or contact us at the information below.

 

GET MORE INFORMATION
Pacific Northern Gas Ltd. 750 – 888 Dunsmuir Street Vancouver, BC  V6C 3K4   E: votto@png.ca   P: 604.691.5680	British Columbia Utilities Commission Suite 410, 900 Howe Street Vancouver, BC  V6Z 2N3   E: Commission.Secretary@bcuc.com   P: 604.660.4700