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Company Summary

Recent news

  • 8/1/2019 - TC Energy Provides... (subscriber access)
  • 8/1/2019 - TC Energy Expecting... (subscriber access)
  • 8/1/2019 - TC Energy Closed on... (subscriber access)
  • 8/1/2019 - TC Energy Intends to... (subscriber access)
  • 8/1/2019 - TC Energy Delays Tula... (subscriber access)

Company Transactions

Date: 12/30/2019
Type: Acquisition

BUYERS:
  • Ontario Power Generation
    • SELLERS:
  • TC Energy
    • ASSETS:
  • Halton Hills Power Plant
  • Portlands Energy Centre
    • PROJECTS:
  • Napanee Power Plant
    • DETAILS:

    COST: 2.87 $B

    NOTES:
    TC Energy sold its interests in the 683 MW Halton Hills power plant, the 900 MW Napanee generation station, and the 550 MW Portlands Energy Center (50% interest) to Ontario Power Generation for $2.87 billion.

    Date: 9/30/2019
    Type: Acquisition

    BUYERS:
  • Alberta Investment Management Corporation (AIMCo)
    • SELLERS:
  • TC Energy
    • ASSETS:
  • Northern Courier Pipeline
    • DETAILS:

    COST: 1.15 $B

    NOTES:
    TC Energy entered into an agreement to sell an 85% equity interest in Northern Courier Pipeline to Alberta Investment Management Corporation. The gross proceeds to TC Energy are projected to be roughly $1.15 billion.
    REGIONS:
  • Western Canadian Sedimentary Basin

    • Date: 9/30/2019
    Type: Acquisition

    BUYERS:
  • UGI Corporation
    • SELLERS:
  • TC Energy
  • Columbia Midstream Group
    • DETAILS:

    COST: 1.28 $B

    NOTES:
    TC Energy entered into an agreement to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Corporation for roughly $1.28 billion.
    REGIONS:
  • Appalachia