Power Market Update — December 2021

TransCanada Declares Quarterly Dividends

TransCanada Corp. announced that its wholly-owned subsidiary NOVA Gas Transmission Ltd. (NGTL) has reached a settlement with shippers and other interested parties regarding the NGTL System annual revenue requirement for the years 2013 and 2014.

TransCanada Corporation has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2,500,000 common shares of TransCanada, representing approximately 0.28 per cent of TransCanada's outstanding common shares at a price of CDN $55.35 per common share. TransCanada does not endorse this unsolicited mini-tender offer.

Karl Johannson, executive vice-president and president, Canada and Mexico natural gas pipelines and energy, TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada), will be presenting at the Peters & Co. Limited 22nd Annual Energy Conference in Toronto on September 12, 2018.

Information Services Business Partner Pat Tong shares her journey as a second-generation Chinese-Canadian and striking the balance of tradition and change.

TransCanada Corporation announced that it has entered into an agreement to sell its outstanding U.S. retail power contracts to EDF Energy Services, LLC.

TransCanada Corporation today announced that the Board of Directors of TransCanada declared quarterly dividends on the outstanding Cumulative First Preferred Share.

TransCanada Corporation announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.69 per common share for the quarter ending September 30, 2018, on the Company’s outstanding common shares.