CALGARY, Alberta, Nov. 28, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows: For the period up to but excluding February 28, 2019, payable on February 28, 2019, to shareholders of record at the close of business on January 31, 2019: • Series 11 - $0.2375 per share • Series 13...

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).

TransCanada today launched an Open Season to solicit binding commitments from interested parties for transportation of crude oil on Marketlink from Cushing, Oklahoma to markets on the U.S. Gulf Coast.