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CALGARY, ALBERTA--(Marketwired - Feb. 16, 2017) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced a net loss attributable to common shares for fourth quarter 2016 of $358 million or $0.43 per share compared to a net loss of $2.5 billion or $3....

TransCanada Corporation announced that it has entered into an agreement to sell its 62 per cent share of the Cartier wind power facilities, and its related operating entities, to Innergex Renewable Energy Inc. for approximately $630 million.

TransCanada Corporation today announced that it has entered into an agreement to sell its Coolidge Generating Station to SWG Coolidge Holdings, LLC, a wholly owned subsidiary of Southwest Generation Operating Company, LLC, for approximately US$465 million (Cdn$623 million), subject to closing adjustments and customary regulatory approvals. Located in Coolidge, Arizona, the Coolidge Generating Station is a 575-megawatt natural gas-fired power facility that is underpinned by a long-term power purchase agreement (PPA).

Not unlike speed skating, the pipeline business is a high-tech, high-performance industry. And thanks to one complex and evolving piece of equipment, the similarities don’t stop there.

“Sustainability reporting and disclosure is about putting our performance – positive and negative – out there and embracing the opportunity to hear feedback from outside sources on where we are doing well and where we can improve."

This document provides an overview of the key factors that have influenced how TransCanada has performed in its recent past, its financial condition, and its future prospects.