CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - Highlights: TransCanada expects to realize approximately US$3.7 billion from the monetization of its U.S. Northeast Power business Decides to maintain full ownership interest in its gr...

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.

The Foothills System is a 1,241 km (771 mile) long network of pipelines comprising the Foothills B.C. and Foothills Saskatchewan lines.

With this project, 2.9 miles (4.7 km) will be built along with two compressor stations and replacement of 26 miles (41.8) of existing pipeline. The changes will increase capacity by 1.3 billion cubic feet per day.

Comparable EBITDA now expected to be at the upper end of 2023 outlook. TC Energy Corporation (TSX, NYSE: TRP) released its third quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “During the third quarter, we made monumental progress on Coastal GasLink and have achieved mechanical completion ahead of our year-end target...