CALGARY, Alberta, Sept. 10, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is providing an update on its previously announced equity interest purchase transaction with an Indigenous-owned investment partnership (the Purchaser), which was formed to acquire a minority equity interest in the NGTL System and the Foothills Pipeline assets. The previously announced equity interest purchase transaction with the Purchaser has been delayed due to...

A multi-year effort to expand the NGTL and Foothills systems has seen the in-service of several projects over the past few months, furthering North American energy security, boosting local economies and providing customers with additional market access.

TC Energy announced plans to spin off its Liquids Pipelines business, creating two independent investment-grade, publicly listed companies to fully capture opportunities presented by long-term fundamentals driving energy transition and energy security.

We congratulate Chief Councilor Crystal Smith and the Haisla Nation on moving closer to realizing this visionary project. The Cedar LNG Project will advance Indigenous-led economic development and reduce global emissions.