Enbridge Gas Distribution Adjusts Prices

Enbridge Gas Distribution (TSX:ENB) (NYSE:ENB), a regulated utility, announced today that it has received approval from the Ontario Energy Board (OEB) for its April 1, 2009 rates. The changes are primarily due to a decrease in North American natural gas prices and the implementation of Enbridge Gas Distribution's 2009 rates.

For typical residential customers(i) who buy their gas supply from Enbridge Gas Distribution, the changes will result in a decrease of about $230 annually. There is also a Gas Cost Adjustment Refund of about $100 during the next nine months for typical residential customers who buy their natural gas from Enbridge Gas Distribution.

TransAlta achieves record cash flow and double digit comparable earnings per share growth for the year

- 2008 comparable(i) earnings per share increased 11 per cent to $1.46 versus $1.31 in 2007 - Cash flow from operations was over $1 billion for the year - Balance sheet remains strong; $1.4 billion in available liquidity - Fully commissioned the 96 megawatt (MW) Kent Hills Wind Farm on time and on budget - Announces two efficiency uprates at its Keephills facility for a total capacity addition of 46 MW

TransAlta Corporation (TransAlta) (TSX: TA) (NYSE: TAC) today reported 2008 comparable earnings of $290 million ($1.46 per share) versus $264 million ($1.31 per share) in 2007. Net earnings for the year were $235 million ($1.18 per share) compared to $309 million ($1.53 per share) in 2007.

MarkWest Energy Partners Announces Quarterly Cash Distribution and Increases Liquidity by $285 Million

MarkWest Energy Partners, L.P. (NYSE: MWE) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.64 per common unit for the fourth quarter of 2008 and approved measures to strengthen and improve the Partnership’s liquidity position by $285 million.

The fourth quarter 2008 distribution of $0.64 represents an increase of $0.07 per common unit, or 12 percent, compared to the fourth quarter 2007 distribution and is unchanged from the third quarter 2008 distribution.

Reliant Enters Into Definitive Agreement Related to Previously Announced Commitment With First Reserve

Reliant Energy (NYSE: RRI) today announced that it has entered into a definitive agreement with an affiliate of First Reserve Corporation related to Reliant's previously announced commitment for the issuance of $350 million of Reliant convertible preferred stock to First Reserve.

The company noted that the definitive agreement is based on the terms outlined in the commitment letter of September 29, 2008.

Further information including terms of the agreement may be found in the Investor section of Reliant's Web site. The company routinely posts all important information on its Web site.