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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.
SDS for Natural Gas
TC Energy announced an expansion to our extensive NOVA Gas Transmission Ltd. (NGTL) System will deliver more natural gas from the prolific WCSB to markets within Alberta, while an expansion to our ANR Pipeline (ANR) will provide a seamless path for Canadian production to access growing Liquified Natural Gas (LNG) export and other markets along the U.S. Gulf Coast.
TransCanada Corporation announced today that it will move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) System to connect existing and new supply to incremental intra-basin market demand.
TCEnergy-Saskatchewan-Tier3-Emergency-Response-Plans.pdf
TransCanada today announced its Northwest Mainline Loop-Boundary Lake pipeline has been placed into service, completing the final section of its 2017 Expansion Program on the NOVA Gas Transmission Ltd. (NGTL) System.
TransCanada Corporation today announced that it has successfully completed its second binding expansion capacity Open Season at the Empress/McNeill Export Delivery Point on its NOVA Gas Transmission Ltd. (NGTL) System in 2018.
TransCanada Corporation today announced that it has launched a new Open Season on its NOVA Gas Transmission Ltd. (NGTL) System for binding expansion capacity commitments at the Empress/McNeill Export Delivery Point.