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. NGTL offered 280 million cubic feet per day of firm service,targeted to commence in November 2021. The Open Season closed on March 15, 2018, and was oversubscribed, with an average awarded contract term of approximately 22 years.

TransCanada Corporation today announced that it has entered into an agreement to sell its Coolidge Generating Station to SWG Coolidge Holdings, LLC, a wholly owned subsidiary of Southwest Generation Operating Company, LLC, for approximately US$465 million (Cdn$623 million), subject to closing adjustments and customary regulatory approvals. Located in Coolidge, Arizona, the Coolidge Generating Station is a 575-megawatt natural gas-fired power facility that is underpinned by a long-term power purchase agreement (PPA).