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Coastal GasLink successfully completed a $7.15 billion refinancing of its existing construction credit facility through a Canadian private bond offering of First Lien Senior Secured Notes.
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Today, TC Energy shared that the Coastal GasLink project safely reached mechanical completion on November 6, 2023, ahead of schedule. Mechanical completion represents another major milestone following the recent achievement of 100 per cent pipeline installation.
CALGARY, Alberta, Feb. 01, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced updated cost estimates for the Coastal GasLink Project (the Project). The Project continues to face material cost pressures that include challenging conditions in the Western Canadian labour market; shortages of skilled labour; impacts of contractor underperformance and disputes; as well as other unexpected events like drought conditions and...
TransCanada today announced its Sundre Crossover Project has been placed into service in central Alberta, increasing the company’s capacity to transport natural gas on TransCanada’s NOVA Gas Transmission Ltd. (NGTL) System to downstream pipelines and key markets in the Pacific Northwest and California.