CALGARY, Alberta, June 22, 2020 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that 401,590 of its 8,533,405 fixed rate Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) have been elected for conversion on June 30, 2020, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares); and 1,865,362 of its 5,466,595 Series 4 Shares have been elected for...

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TC Energy’s Virginia Reliability Project (VRP) would replace an existing segment of the Columbia Gas Transmission (TCO) Pipeline System to ensure reliable and abundant natural gas supply. TCO has been providing energy to the Hampton Roads region for more than 70 years, and as demand for natural gas rises across the region, these important updates will improve natural gas reliability and help meet the current and future needs of the Hampton Roads region.