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Investments to include Keystone XL and other future TC Energy projects CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a Memorandum of Understanding (MOU) for NLE to pursue an equity interest in the Keystone XL Project and other potential related midstream and power projects. This MOU exemplifies the strong commitment TC Energy and NLE have made to create a...
Provides opportunity to invest up to $1 billion in Keystone XL CALGARY, Alberta, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project. The first phase of the transaction is expected to close in the third quarter of 2021, with the transaction contingent on NLE...
2024 CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), have entered into a purchase and sale agreement to sell Portland Natural Gas Transmission System (PNGTS) to BlackRock, through a fund managed by its Diversified Infrastructure business, and investment funds managed by Morgan Stanley Infrastructure Partners (the Buyer), for a gross purchase price of US$1.14 billion, which includes the assumption of US$250 million of outstanding Senior Notes held at PNGTS. This transaction implies a valuation of approximately 11.0 times reported 2023 comparable EBITDA.
Pre-tax cash equity proceeds of approximately $750 million (US$545 million) net to TC Energy Buyers assume approximately $345 (US$250) million of outstanding Senior Notes Advances toward $3 billion asset divestiture target in 2024 CALGARY, Alberta, Aug. 15, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), today announced the successful completion...
TC Energy invested $29.3 million investment in a renewable natural gas (RNG) production facility , owned by Lynchburg Renewable Fuels LLC, near the Jack Daniel Distillery in Lynchburg, Tenn. The project is being developed by 3 Rivers Energy Partners, LLC, also an owner in Lynchburg Renewable Fuels.
Compressor stations provide energy needed to move natural gas through pipelines to reach our homes and provide everyday comforts, such as heating, cooling and cooking.
Read about our 93,300 km (57,900 miles) network of natural gas pipelines which supplies over 25 per cent of the clean-burning natural gas consumed daily across North America.
OTTAWA, ONTARIO--(Marketwired - July 13, 2016) - Media Advisory - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada), four major unions and the association representing Canadian pipeline contractors and construction trade workers invite members of the media to attend a press ...
Project is TC Energy’s first RNG production investment CALGARY, Alberta, Oct. 17, 2022 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today a $29.3 million investment in a renewable natural gas (RNG) production facility near the Jack Daniel Distillery in Lynchburg, TN. Owned by Lynchburg Renewable Fuels LLC, the facility will produce RNG with a carbon intensity score that is 50 per cent lower than traditional natural gas, saving ...
A proposed natural gas project would double the size of a pipeline that runs through Hampton Roads to accommodate the region’s growing demand. The Columbia Gas Transmission system runs from New York to the Midwest and Southeast. Virginia’s the southernmost of the 10 states it touches. But Virginia Natural Gas says the pipeline infrastructure is outdated and can’t keep up...