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Pipeline investment supports economic growth, job creation, tax revenues and energy connected communities across the Commonwealth.
CALGARY, AB, Aug. 4, 2022 /CNW/ - TC Energy Corporation (TSX: TRP) (NYSE: TRP) (TC Energy or the Company) today announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Scotiabank, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 28,400,000 common shares of the Company (the Common Shares) at a price of $63.50 per Common Share (the Offering Price), for gross proceeds of approximately $1.8 billion (the Offering).
The Towerbirch pipeline project will include 55 km of 36-inch pipeline paralleling the existing NGTL Groundbirch Mainline, along with new meter stations, and expansion of one meter station. The majority of this projects scope will be within British Comumbia, with only a portion in Alberta.
Marketlink transports shipments of U.S. crude oil from Cushing, Okla., to refineries in the U.S. Gulf Coast via the Keystone Pipeline System’s Gulf Coast extension. Delivery points include Sour Lake, Houston, and Port Arthur, Texas.
With four congenerating plants in Alberta, TransCanada manages, operates and markets close to 450 megawatts (MW) of electricity. Alberta Power Marketing offers wholesale power for a range of industries, including agriculture, oil and gas, commercial real estate, large scale commercial and industrial, public institutions and brokers and consultants.
The TQM Pipeline System is a 573 km natural gas pipeline network in the Province of Quebec between Saint-Lazare, located west of Montreal, and Saint-Nicolas, located on the South Shore of Quebec City, and between Lachenaie, located East of Montreal, and East Hereford on the New Hampshire border.
In accordance with Certificate Condition 21 and Condition 5 of the Order, NGTL encloses the Commitment Tracking Table for the Project. The reporting period for this submission is August 15, 2016 to September 15, 2016.
In accordance with Certificate Condition 21 and Condition 5 of the Order, NGTL encloses the Commitment Tracking Table for the Project. As required, NGTL is posting the North Montney Project commitment tracker to its external webpage. The reporting period for this second submission is May 15, 2015 to July 15, 2015.
In accordance with Certificate Condition 21 and Condition 5 of the Order, NGTL encloses the Commitment Tracking Table for the Project. The reporting period for this submission is February 15, 2017 to March 15, 2017.
In accordance with Certificate Condition 21 and Condition 5 of the Order, NGTL encloses the Commitment Tracking Table for the Project. As required, NGTL is posting the North Montney Project commitment tracker to its external webpage. The reporting period for this third submission is May 15, 2015 to August 21, 2015.