Thursday, 19 September 2024

Focus on TC Energy

TC Energy signage is seen at the company's headquarters in Calgary, Alta., Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
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TC Energy says sale of minority stake in pipeline to Indigenous groups is delayed

$1bn agreement to sell stake in natural gas infrastructure to Indigenous communities delayed due to 'transaction structuring issues'.

News Release

Equity Interest Purchase Agreement Update

CALGARY, Alberta, Sept. 10, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is...

News Release

Record date is determined for South Bow spinoff

CALGARY, Alberta, Sept. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today...

News Release

TC Energy announces South Bow’s closing of $7.9 billion Notes Offering for Liquids Pipelines spinoff

CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that South...

TC Energy headquarters in Calgary, Alta. on July 30. TC Energy Corp. says it and its partner Northern New England Investment Company successfully completed the sale of Portland Natural Gas Transmission System. THE CANADIAN PRESS/Todd Korol
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TC Energy completes sale of Portland Natural Gas Transmission System

TC Energy and its partner completed the $1.14B sale of Portland Natural Gas Transmission System to BlackRock and Morgan Stanley.

News Release

Portland Natural Gas Transmission System to Operate as a Standalone Company Under Industry Veteran

HOUSTON--(BUSINESS WIRE)--Portland Natural Gas Transmission System (“PNGTS”) has completed its transition into a standalone company. Previously a subsidiary of TC Energy Corporation and...

News Release

TC Energy completes the sale of Portland Natural Gas Transmission System

Pre-tax cash equity proceeds of approximately $750 million (US$545 million) net to TC EnergyBuyers assume approximately $345 (US$250) million of outstanding Senior NotesAdvances...

News Release

UGI Corporation Elects Tina Faraca to its Board of Directors

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) announced today that Tina Faraca was elected a director of UGI Corporation, effective August 7, 2024....

FILE PHOTO: The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
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Indigenous communities to borrow C$1 billion for TC Energy pipeline stake: report

Canada’s Indigenous communities plan a C$1 billion bond offering to fund a minority stake in TC Energy’s natural gas pipeline system.

TC Energy Corp. says it had a net income of $963 million in the second quarter, up from $250 million in the same quarter last year. TC Energy headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
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TC Energy eyes data centre growth as potential opportunity

Adjusted earnings for TC Energy in Q2 came in at $978 million, down slightly from last year.

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