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.

This document is a comprehensive report on a company's activities throughout the preceding year.

The first segments of pipe for Coastal GasLink arrived at storage sites in Kitimat and Chetwynd last week in anticipation of construction ramp up later next year. Deliveries to other areas across the project route will continue through April 2021 by vessel, rail or truck, until it’s needed for assembly and installation. That phase of construction is expected to start next summer and continue through to 2022.

CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) — TC Energy Corporation released its first quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, "As natural gas and electricity are forecasted to drive the majority of growth in final energy consumption through 2035, we are pleased to announce two new growth projects that represent strategic investments in North America’s energy future.