The fact sheet describes key points about Peace River Mainline Abandonment project.

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.

Commitments Tracking Table (No. 1 April 2022)

The Management’s Discussion and Analysis (MD&A) dated February 22, 2007 should be read in conjunction with the audited Consolidated Financial Statements of TransCanada PipeLines Limited (TCPL or the Company) and the notes thereto for the year ended December 31, 2006.

At TC Energy, we are committed to protecting our planet while meeting the world’s growing energy requirements. How we interact with the environment is as important to us as it is to the communities in which we live and work. Our Environment Principles of environmental stewardship, protection and performance, guide our decisions every day when building and operating energy infrastructure.

TransCanada today announced it has placed the Western Build of its WB XPress (WBX) project into service.

tce-C23743-1_2021_NGTL_System_Expansion_-_Condition_16_and_14_Commitments_Tracking_Table_No._31_-_A8L2A9.pdf