CALGARY, ALBERTA--(Marketwire - March 14, 2008) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada), on behalf of TransCanada Keystone Pipeline, LP (Keystone), today announced that the U.S. Department of State issued a Presidential Permit to Keystone authorizing the construction, mainten...

The Canyon Creek Pumped Hydro Energy Storage Project, located 13 kms from Hinton, will feature a 30-acre upper reservoir and four-acre lower reservoir and will have a power generation capacity of 75 MW, providing up to 37 hours of on-demand, flexible, clean energy and ancillary services to the Alberta electricity grid.

Located in the community of Grande Prairie, Alberta, Bear Creek Cogeneration Plant produces up to 100 megawatts of electricity to both Weyerhaeuser’s Grande Prairie Pulp and Sawmill and Alberta’s competitive electricity market.

From end to end, the Tula Pipeline Project is 287 km (178 miles) in length and will deliver fuel from Tuxpan, Veracruz, to communities in the states of Puebla and Hidalgo. The pipeline has the capacity to carry 886 million cubic feet per day of natural gas.

TC Energy is proud to be an energy industry innovation leader that seeks to implement best practices and new technologies to continually improve the safety, efficacy and cost-efficiency of its operations.

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