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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.
NGTL GP is proposing to safely abandon 33 meter stations and 37 laterals, loops or producer tie-ins on the NGTL System as these assets are no longer required for transmission services.
TC Energy is proud to be an energy industry innovation leader that seeks to implement best practices and new technologies to continually improve the safety, efficacy and cost-efficiency of its operations.
Learn more about the Project route and location in Illinois.
NEW YORK, NEW YORK--(Marketwire - Nov. 8, 2012) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it is donating up to $250,000 in equipment and cash to help New York speed up recovery efforts following Hurricane Sandy. TransCanada has an activ...
NGTL GP is proposing to decommission 11 laterals or loops and one co-located meter station on the NGTL System as these assets are no longer required to meet customer demand.
At TC Energy, we are committed to building long-lasting partnerships that strengthen and uplift our local communities.
TransCanada today launched an Open Season to solicit commitments from interested parties for new, short-term transportation service agreements of crude oil on Marketlink from interested parties for new, short-term transportation service agreements of crude oil on Marketlink from Cushing, Oklahoma to markets in the U.S. Gulf Coast.
Making dreams a reality: TransCanada’s new scholarship program supports students pursuing post-secondary education across Canada and the U.S.