Proceeds from transaction significantly accelerate deleveraging and deliver key 2023 strategic priority CALGARY, Alberta, Oct. 04, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it has successfully completed the sale of a 40 per cent non-controlling equity interest in its Columbia Gas Transmission, LLC (Columbia Gas) and Columbia Gulf Transmission, LLC (Columbia Gulf) systems to Global Infrastructure Partners (GIP...

Coastal GasLink successfully completed a $7.15 billion refinancing of its existing construction credit facility through a Canadian private bond offering of First Lien Senior Secured Notes.

Extending from New York state to the Midwest and Southeast, TC Energy’s Columbia Gas Transmission system moves the natural gas relied upon by millions of Americans for their energy and heating needs.

The NKY Gate Enhancement Project aims to modernize the acquired system and meet the growing natural gas demand in the region.

Natural Gas is a critical component of any strategy to meet North America’s long-term energy needs and has contributed to reduced greenhouse gas emissions across the continent. The Gas Transmission Northwest XPress Project (GTNXP) is designed to upgrade our system to meet increased demands from our customers in the region, providing the reliable energy to communities throughout the Western U.S. in a safe, responsible, and reliable manner. Gas Transmission Northwest, an interstate natural gas pipeline owned and operated by TC Energy, filed an application before the Federal Energy Regulatory Commission (FERC) in October 2021. Further information regarding GTNXP may be found in a copy of the application filed with FERC.

TC Energy is pleased to announce the expanded role of Bevin Wirzba to Executive Vice-President, Strategy and Corporate Development, Group Executive, Canadian Natural Gas and Liquids Pipelines and President, Coastal GasLink, effective immediately.

This document is a comprehensive report on a company's activities throughout the preceding year.

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