tce-C29491-1_NGTL_West_Path_Delivery_2023__-_Condition_22_Commitments_Tracking_Table_No._4.pdf

Dinosaur bone fragments containing what is thought to be the remains of a Pachyrhinosaurus, were discovered on the Elmworth section of the 2021 NGTL System Expansion Project.

SDS for Natural Gas

2024 CALGARY, Alberta, March 04, 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), have entered into a purchase and sale agreement to sell Portland Natural Gas Transmission System (PNGTS) to BlackRock, through a fund managed by its Diversified Infrastructure business, and investment funds managed by Morgan Stanley Infrastructure Partners (the Buyer), for a gross purchase price of US$1.14 billion, which includes the assumption of US$250 million of outstanding Senior Notes held at PNGTS. This transaction implies a valuation of approximately 11.0 times reported 2023 comparable EBITDA.