TransCanada Reaches Agreement to SellvCoolidge Generating Station for US$465 Million

CALGARY, ALBERTA--(Marketwire - June 1, 2010) - TransCanada Corporation (TSX:TRP), (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, TransCanada PipeLines Limited, has successfully completed an offering of US$500 million of 3.40% Senior Notes due June 1,...

The Company endeavors to create opportunities for qualified and competitive Diverse and Local Businesses and individuals to benefit from the Company’s projects and operational activities. This is important for securing public confidence where we build and operate. It also provides the Company a competitive advantage as a leader in Supplier Diversity and Local Participation among energy infrastructure companies in North America.

At TC Energy, we are committed to protecting our planet while meeting the world’s growing energy requirements. How we interact with the environment is as important to us as it is to the communities in which we live and work. Our Environment Principles of environmental stewardship, protection and performance, guide our decisions every day when building and operating energy infrastructure.

The proposed McLeod South Project is 48-inch diameter pipeline that would be located entirely within Yellowhead County, Alberta.