CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has signed agreements with Progress Energy Canada Ltd. (Progress) for approximately two bil...

TransCanada Corporation today announced that its wholly-owned subsidiary NOVA Gas Transmission Ltd. (NGTL) has reached a settlement with shippers and other interested parties regarding the NGTL System annual revenue requirement for the years 2013 and 2014.

As a critical part of Canada’s energy network, TC Energy’s NGTL System connects natural gas from the Western Canadian Sedimentary Basin to the people, industries and communities that depend on safe, affordable and reliable energy every day.