TransCanada Reports Record Financial Results for 2017 10.4% Dividend Increase Supported by Strong Outlook for Future Growth

TC Energy Corporation (today announced that it has submitted its formal application to the Federal Energy Regulatory Commission (FERC) for approval of the Virginia Reliability Project (Docket No. PF22-3-000/CP22-503).

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.

Map of Hampton Roads region of Virginia, area pipeline locations, including the existing Columbia Gas Transmission (TCO) pipeline, along with planned pipeline expansion construction for 2024 and 2025, along with facility construction locations and dates, including Petersburg Compressor Station (2024-2025), Emporia Compressor Station (2025), MS-831010 Point of Delivery (2025).

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