Companies Covered Under Preferred Insights
Aimia
Aimia Inc. (TSX: AIM) is a loyalty and travel consolidator focused on growing earnings through its existing investments and the targeted deployment of capital in loyalty solutions and other subsectors of the rapidly expanding loyalty and travel market.
AltaGas
AltaGas Ltd. (ALA) operates as a diversified energy infrastructure company in North America that has a focus on owning and operating assets that provide clean and affordable energy to their customers. The company operates through two business segments: Utilities and Midstream.
Artis Reit
Artis REIT (AX) is a diversified Canadian real estate investment trust based in Winnipeg, Manitoba. Artis REIT's portfolio includes industrial, retail and office properties within Canada and the United States. Their main focus is to create value for their unitholders by maximizing total returns.
Aimia
Birchcliff Energy Ltd. (BIR), is an intermediate oil and natural gas company. It explores, develops, and produces natural gas, crude oil, and natural gas liquids in Western Canada. The company holds interests in the Montney/Doig resource play, as well as other assets located in the Peace River Arch area of Alberta.
Brookfield
Brookfield Office Properties (BPO) owns, develops, and manages premier office properties in North America, Australia, and Europe. The portfolio consists of 136 properties totalling 93 million square feet that are owned either wholly, through property-level joint ventures, or through two, fully invested, core office funds that were established in 2005.
Capital Power
Capital Power (CPX) is an Independent Power Producer (IPP) with 6,400 MW of generation capacity. CPX is also diversified across geographies with 70% of its installed capacity in Canada and 30% in the US. CPX’s preferred shares provide two attractive investment opportunities.
Capstone
Infrastructure
Capstone Infrastructure (CSE) is a Canadian unregulated utility with a focus on renewable energy. CSE has 542.7 megawatts (MW) of electricity production under contract with 71% coming from renewable energy. CSE is a private company owned by UK based private equity firm iCON Infrastructure, that has a publicly traded preferred share.
Enbridge
Enbridge Inc. (ENB) operates as an energy infrastructure
company through five segments: Liquids Pipelines, Gas
Transmission and Midstream, Gas Distribution and Storage,
Renewable Power Generation, and Energy Services. ENB
operates across North America, moving 25% of the crude oil
produced in North America, as well as transporting 20% of the
natural gas consumed in the US.
Northland Power
Northland Power Inc. (NPI) develops, builds, owns, and operates clean and green power projects, primarily in Canada and Europe. NPI facilities produce electricity through clean and renewable resources such as wind, solar and efficient natural gases. Currently operating NPI facilities generate 2,681 MW (gross) and 2,266 MW (net) of electricity.
Fortis
Fortis Inc. (FTS) operates as an electric and gas utility company
in Canada, the United States, and the Caribbean countries. It
generates, transmits, and distributes electricity to approximately
433,000 retail customers in southeastern Arizona: and 98,000
retail customers in Arizona’s Mohave and Santa Cruz counties
with an aggregate capacity of 3,486 megawatts (MW), including
59 MW of solar capacity.
Pembina
Pembina Pipeline Corporation (PPL) is a Canadian midstream energy company. PPL operates through three divisions: Pipelines, Facilities, and Marketing & New Ventures
PPL’s preferred shares represent an excellent income opportunity because markets are not correctly pricing the risk exposure to oil prices.
TC Energy
TC Energy Corporation (TRP) is an energy infrastructure company in North America. There are five segments: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage. The company operates an expansive 93,400 km network of pipelines, which transports 25% of North America’s natural gas.
TransAlta
TransAlta Corporation (TA) is a non-regulated electricity generation company. TA has 7,939 (MW) of electricity production capacity across Canada, US, and Australia. TA’s largest market exposure is the province of Alberta where 57% of TA’s MW production is located. TA also owns the 60.6% majority of TransAlta Renewable (RNW), a publicly traded drop-down vehicle for TA.