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2024 CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), have entered into a purchase and sale agreement to sell Portland Natural Gas Transmission System (PNGTS) to BlackRock, through a fund managed by its Diversified Infrastructure business, and investment funds managed by Morgan Stanley Infrastructure Partners (the Buyer), for a gross purchase price of US$1.14 billion, which includes the assumption of US$250 million of outstanding Senior Notes held at PNGTS. This transaction implies a valuation of approximately 11.0 times reported 2023 comparable EBITDA.
For TC Energy, sustainability is foundational in everything we do – in our culture, our stakeholder engagements and partnerships and in our decision-making. To be truly sustainable, we believe we must continue to evolve and innovate to meet society’s challenges and needs.
For most of us, there is abundant access to energy providing electricity to power essentials, such as heating, cooling, lighting, charging, refrigeration, and many more of life’s comforts.
MONTREAL, QUÉBEC--(Marketwired - Feb. 3, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) and ABB announced today they have signed a major agreement that will see ABB deliver a number of multi-million dollar electrical houses to secure safe, reliable and energy...
CALGARY, ALBERTA--(Marketwire - June 21, 2010) - TransCanada Corporation (TSX:TRP), (NYSE:TRP) (TransCanada) today announced that Russ Girling has been appointed to the Board of Directors of TransCanada effective July 1, 2010. As previously announced, Mr. Girling will become Pre...