AltaGas, the parent of WGL Energy, in reporting earnings today reiterated plans for an additional $1.5 - $2.0 billion in "non-core" asset sales in 2019. ($ Canadian)

The proceeds of the asset sales will be used to further reduce debt, as well as continue to sharpen AltaGas' focus on Midstream and U.S. Utilities.

"In addition to the $3.8 billion of asset sales AltaGas completed or announced in 2018, including the sale of its entire indirect equity interest in the Northwest Hydro Facilities and the initial public offering (IPO) of AltaGas Canada Inc. (ACI), the Corporation plans to monetize an additional $1.5 - $2.0 billion in non-core assets in 2019. Proceeds from these additional asset sales will be used to further reduce debt and focus the company's asset base where the opportunities are the greatest – Midstream and Utilities," the company said

AltaGas in a news release and presentation did not identify any specific assets targeted for sale

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