December 22, 2016 / 1:34 PM / a year ago

BRIEF-Altagas gets regulatory approval to double size of Townsend facility

Dec 22 (Reuters) - Altagas Ltd :

* Estimated cost of Townsend phase 2 will be approximately $85 to $95 million

* 2017 capital program is expected to be in range of approximately $500 - $550 million

* Start-Up of its Pomona battery storage project on-time and on-budget

* Altagas receives regulatory approval to double size of Townsend facility

* In 2016, Altagas’ expects total capital spend to be approximately $550 million Source text for Eikon: Further company coverage:

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