TransCanada Reports Strong First Quarter (Q1) 2018 Financial Results Diversified Portfolio of High Quality Assets Continues to Drive Record Performance

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CALGARY, ALBERTA--(Marketwired - Oct. 25, 2017) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its Ontario solar portfolio comprised of eight facilities with a total generating capacity of 76 megawatts to Axium Infinity Solar LP, a subsidiary of Axium Infrastructure Canada II Limited Partnership, for approximately $540 million.

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