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CALGARY, Alberta – Aug. 4, 2022 – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and the CFE, Mexico’s state-owned electric utility, have agreed to forge a strategic alliance to accelerate the development of natural gas infrastructure in the central and southeast regions of Mexico.
TC Energy Corporation released its second quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “During the first six months of 2024, we delivered 10 per cent year-over-year growth in comparable EBITDA1 and approximately 35 per cent growth in segmented earnings.”
TC Energy’s Virginia Reliability Project (VRP) would replace an existing segment of the Columbia Gas Transmission (TCO) Pipeline System to ensure reliable and abundant natural gas supply. TCO has been providing energy to the Hampton Roads region for more than 70 years, and as demand for natural gas rises across the region, these important updates will improve natural gas reliability and help meet the current and future needs of the Hampton Roads region.