CALGARY, ALBERTA--(Marketwire - Aug. 26, 2008) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that through its subsidiaries, it has acquired all the outstanding equity of both KeySpan-Ravenswood, LLC and KeySpan Ravenswood Services Corp., the companies which together...

The Project will include the construction of approximately 4 kilometres (km) of pipe 324 millimeters in diameter for transporting natural gas. It will parallel the existing Canadian Mainline, and will start at the Saint-Sébastien Meter Station near route 133 and end at a new proposed valve and receiver site in the municipality of Pike River, near Chemin Molleur.

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