Pre-tax cash equity proceeds of approximately $750 million (US$545 million) net to TC Energy Buyers assume approximately $345 (US$250) million of outstanding Senior Notes Advances toward $3 billion asset divestiture target in 2024 CALGARY, Alberta, Aug. 15, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), today announced the successful completion...

The NKY Gate Enhancement Project aims to modernize the acquired system and meet the growing natural gas demand in the region.

The Project will include the construction of approximately 4 kilometres (km) of pipe 324 millimeters in diameter for transporting natural gas. It will parallel the existing Canadian Mainline, and will start at the Saint-Sébastien Meter Station near route 133 and end at a new proposed valve and receiver site in the municipality of Pike River, near Chemin Molleur.

The 295-mile (475-km) Portland Natural Gas Transmission System spans New England from the Canadian border to pipeline connections in New Hampshire, Maine and Massachusetts.

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.

Some of our amazing energy problem solvers have grown with us from students to leaders — innovating, developing new solutions, and pushing us forward as we transition to cleaner energy that also meets the world’s demand.

TC Energy Executive Vice President and Chief Operating Officer, Natural Gas Pipelines, Tina Faraca, issued the below statement following passage of the Standardizing Permitting and Expediting Economic Development (SPEED) Act in the U.S. House of Representatives.

TC Energy applauds the province of British Columbia for launching the First Nations Equity Financing Framework. The provincial government has taken an important step towards economic reconciliation by establishing the new program through Budget 2024.

Expects to sanction approximately $7 billion of new capital projects in 2021 Modified dividend growth outlook enhances ability to fund substantial new growth opportunities — TC Energy Corporation today announced net income attributable to common shares for third quarter 2021 of $779 million or $0.80 per share compared to net income of $904 million or $0.96 per share for the same period in 2020.

The Heartland Project will help meet the market demand of natural gas and increase reliability on the existing ANR pipeline.