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 Corporation announced it has successfully concluded the Keystone XL open season, securing approximately 500,000 barrels per day of firm, 20 year commitments, positioning the proposed project to proceed. Interest in the project remains strong and TransCanada will look to continue to secure additional long-term contracted volumes.

CALGARY, ALBERTA--(Marketwired - Sept. 13, 2017) - Media Advisory - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today released its 2016 Corporate Social Responsibility (CSR) report, providing a comprehensive update on the company's performance on environmental, social a...