CALGARY, ALBERTA–(Marketwired – July 25, 2017) – Media Advisory – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today was notified that PETRONAS affiliate Pacific NorthWest LNG (PNW LNG) would not be proceeding with their proposed LNG project near Port Edward, British Columbia.

Following is a statement from Karl Johannson, TransCanada’s executive vice-president and president, Canada and Mexico natural gas pipelines and energy:

With this news, we are reviewing our options related to our proposed Prince Rupert Gas Transmission (PRGT) project as we continue to focus on our significant investments in new and existing natural gas infrastructure to meet our customers’ needs.

As part … Continue Reading

CALGARY, ALBERTA–(Marketwired – July 14, 2017) – News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) will hold a teleconference and webcast on Friday, July 28, 2017 to discuss its second quarter 2017 financial results.

Russ Girling, TransCanada president and chief executive officer, Don Marchand, executive vice-president and chief financial officer and members of the executive leadership team will discuss TransCanada’s second quarter financial results and company developments at 9 a.m. (MT) / 11 a.m. (ET).

Members of the investment community and other interested parties are invited to participate by calling 800-377-0758 or 416-340-2218 (Toronto area). Please dial in 10 minutes … Continue Reading

CALGARY, ALBERTA–(Marketwired – June 26, 2017) – News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or Company) today announced that it has established an at-the-market equity program (ATM Program) that allows the Company to issue common shares from treasury (Common Shares) having an aggregate gross sales price of up to $1.0 billion or its U.S. equivalent, to the public from time to time, at the Company’s discretion, at the prevailing market price when issued on the Toronto Stock Exchange (TSX), the New York Stock Exchange (NYSE) or on any other existing trading market for the Common Shares in Canada or … Continue Reading

CALGARY, ALBERTA–(Marketwired – June 23, 2017) – News Release – Don Marchand, Executive Vice-President and Chief Financial Officer of TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) will be presenting at the J.P. Morgan Energy Equity Conference in New York, NY on June 26, 2017.

A copy of the presentation will be available in the Investors section of TransCanada’s website at https://www.transcanada.com/en/investors/events/

With more than 65 years’ experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and liquids pipelines, power generation and gas storage facilities. TransCanada operates one of the largest natural gas … Continue Reading

New gas supply and increased export demand drives major expansions

CALGARY, ALBERTA–(Marketwired – June 14, 2017) – News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will move forward with a new $2 billion expansion program on its NOVA Gas Transmission Ltd. (NGTL) System, based on new contracted customer demand for approximately 3 billion cubic feet per day (Bcf/d) of incremental firm receipt and delivery services.

“Between now and 2021, TransCanada is investing approximately $2 billion in new pipeline infrastructure to connect Western Canadian natural gas production to key markets within the basin and across North America,” … Continue Reading

Columbia Acquisition Bridge Facilities to be Fully Retired

CALGARY, ALBERTA–(Marketwired – June 5, 2017) – News Release – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has completed the sale of its remaining U.S. Northeast merchant power generation assets to Helix Generation, LLC, an affiliate of LS Power Equity Advisors, for approximately US$2.1 billion including a purchase price adjustment as a result of an unplanned outage at Ravenswood prior to close. Proceeds from this transaction will be used to fully retire the remaining acquisition bridge facilities that partially funded the acquisition of the Columbia Pipeline Group.

The sale to Helix … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 9, 2017) – Media Advisory – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) has unveiled a new corporate website that will provide a more user-friendly experience for the public and business community. TransCanada.com has been designed to ensure both desktop and mobile visitors are more nimbly able to navigate extensive, easy-to-understand and relevant information about our role in safely providing the energy North Americans rely on every day.

“Whether it’s landowners, shareholders, investors or the Indigenous communities we work with, there’s something we’ve heard across the board: ‘TransCanada needs to tell its story better.’ This new website is a … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 5, 2017) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced approval by its shareholders of the appointment of the 12 nominees as directors of TransCanada. At its 2017 annual meeting of shareholders held earlier today, each of the following 12 nominees were elected as directors of TransCanada on a vote by ballot to serve until the next annual meeting of shareholders of TransCanada, or until their successors are elected or earlier appointed:

CALGARY, ALBERTA–(Marketwired – May 5, 2017) – News Release – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.625 per common share for the quarter ending June 30, 2017, on the Company’s outstanding common shares. The common share dividend is payable on July 31, 2017 to shareholders of record at the close of business on June 30, 2017.

The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:

CALGARY, ALBERTA–(Marketwired – May 5, 2017) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for first quarter 2017 of $643 million or $0.74 per share compared to net income of $252 million or $0.36 per share for the same period in 2016. Comparable earnings for first quarter 2017 were $698 million or $0.81 per share compared to $494 million or $0.70 per share for the same period in 2016. TransCanada’s Board of Directors also declared a quarterly dividend of $0.625 per common share for the quarter ending June 30, 2017, equivalent to $2.50 per … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 4, 2017) – News Release – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced it has entered into agreements to sell a 49.3 per cent interest in Iroquois Gas Transmission System, LP (Iroquois), together with its remaining 11.8 per cent interest in Portland Natural Gas Transmission System (PNGTS), to its master limited partnership, TC PipeLines, LP (NYSE:TCP) (the Partnership).

The US$765 million transaction, comprised of US$597 million in cash and the assumption of US$168 million in proportionate debt at Iroquois and PNGTS, is expected to close mid-2017, subject to customary conditions precedent.

“This agreement demonstrates the meaningful role … Continue Reading

CALGARY, ALBERTA–(Marketwired – April 20, 2017) – News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) will hold its 2017 Annual Meeting of Shareholders on Friday, May 5, 2017 at 10 a.m. (MDT) / 12 p.m. (EDT) in Calgary, Alberta at the Markin MacPhail Centre at Canada Olympic Park (COP).

A live webcast of the Annual Meeting will be available at www.transcanada.com. It will also be archived and available for replay.

Members of the media interested in attending the meeting in person are asked to register by Friday, April 28 by calling the TransCanada Media Line at 1.800.608.7859.

First quarter … Continue Reading