TC Energy is disappointed that the Tribunal constituted to hear the company’s claim to recover more than US$15 billion in damages resulting from the revocation on Jan. 20, 2021 of the Presidential Permit for the Keystone XL Project has determined in a jurisdictional ruling that the claim cannot proceed.

CALGARY, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) on Dec. 31, 2024. As a result, subject to certain conditions: (a) the holders of Series 1 Shares have the right to choose one of the following options with...

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