VANCOUVER, British Columbia, Sept. 13, 2018 (GLOBE NEWSWIRE) — Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) is pleased to announce that its Coastal Gaslink Pipeline Project has signed community and project agreements with all of the elected Indigenous bands along its pipeline route in British Columbia. These agreements, totaling 20 across the province, exemplify the strong Indigenous support received for the proposed natural gas pipeline project in B.C.

“This is an important milestone for the Coastal GasLink team,” said Rick Gateman, president of the Coastal GasLink Pipeline Project. “When we first began this project over six years ago, our … Continue Reading

CALGARY, Alberta, Sept. 10, 2018 (GLOBE NEWSWIRE) — News Release – Karl Johannson, executive vice-president and president, Canada and Mexico natural gas pipelines and energy, TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada), will be presenting at the Peters & Co. Limited 22nd Annual Energy Conference in Toronto on September 12, 2018.

A copy of the presentation will be available at TransCanada.com/Events prior to the presentation on the day of the event.

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 … Continue Reading

CALGARY, Alberta, Aug. 30, 2018 (GLOBE NEWSWIRE) — News Release – TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced the approval of proposed amendments to TransCanada PipeLines Limited’s (TCPL) 1970 Indenture by holders of the outstanding notes listed below issued pursuant to such indenture (the “1970 Notes”). 

The proxy solicitation is described in the Consent and Proxy Solicitation Statement dated August 1, 2018 which can be found at www.sedar.com. Adoption of the proposed amendments to the 1970 Indenture required the holders of at least 51 per cent of the aggregate outstanding principal amount of 1970 Notes represented in … Continue Reading

CALGARY, Alberta, Aug. 29, 2018 (GLOBE NEWSWIRE) — News Release – TransCanada Corporation (TSX:TRP), (NYSE: TRP) (TransCanada) today announced the expiry of the solicitation of consents by TransCanada PipeLines Limited (TCPL) in connection with proposed amendments to TCPL’s 1970 Indenture and 1993 Indenture pursuant to which the outstanding notes listed below were issued (respectively, the “1970 Notes” and the “1993 Notes”). 

The solicitation of the consents is described in the Consent and Proxy Solicitation Statement dated August 1, 2018 which can be found at www.sedar.com. Adoption of the proposed amendments to the 1970 Indenture and the 1993 Indenture require … Continue Reading

CALGARY, Alberta , Aug. 16, 2018 (GLOBE NEWSWIRE) — News Release — TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2,500,000 common shares of TransCanada, representing approximately 0.28 per cent of TransCanada’s outstanding common shares at a price of CDN $55.35 per common share. TransCanada does not endorse this unsolicited mini-tender offer.

Shareholders are cautioned that the mini-tender offer has been made at a 4.32 per cent discount to the closing price of TransCanada’s common shares on the Toronto Stock Exchange on August 14, … Continue Reading

CALGARY, Alberta, Aug. 02, 2018 (GLOBE NEWSWIRE) — TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.69 per common share for the quarter ending September 30, 2018, on the Company’s outstanding common shares. The common share dividend is payable on October 31, 2018 to shareholders of record at the close of business on September 28, 2018.

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

High Quality, Diversified Asset Portfolio Expected to Drive Record Performance in 2018

CALGARY, Alberta, Aug. 02, 2018 (GLOBE NEWSWIRE) — TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced net income attributable to common shares for second quarter 2018 of $785 million or $0.88 per share compared to net income of $881 million or $1.01 per share for the same period in 2017. Comparable earnings for second quarter 2018 were $768 million or $0.86 per share compared to $659 million or $0.76 per share for the same period in 2017. TransCanada’s Board of Directors also declared a quarterly dividend … Continue Reading

CALGARY, Alberta, Aug. 02, 2018 (GLOBE NEWSWIRE) — News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its 62 per cent share of the Cartier wind power facilities, and its related operating entities, to Innergex Renewable Energy Inc. for approximately $630 million. Located in Québec, the Cartier assets include five wind farms with a total generating capacity of 590 megawatts, of which TransCanada’s share is 365 megawatts.

“This transaction allows us to capture the high value the market places on contracted renewable energy assets and redeploy the proceeds into our … Continue Reading

MEXICO CITY, July 16, 2018 (GLOBE NEWSWIRE) — Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced its Topolobampo Pipeline project has been placed into service in northern Mexico, providing capacity for 670 million cubic feet of natural gas per day to markets in the states of Chihuahua and Sinaloa. The project represents an investment of approximately US$1.2 billion and provides the upstream interconnection with the company’s Mazatlan Pipeline.

The project involved the construction of approximately 560 kilometres (348 miles) of 30-inch diameter pipeline from El Encino, near the city of Chihuahua, to Topolobampo, near the city of Los … Continue Reading

CALGARY, Alberta, July 11, 2018 (GLOBE NEWSWIRE) — News Release – TransCanada Corporation (TSX:TRP), (NYSE:TRP) (TransCanada) will hold a teleconference and webcast on Thursday, August 2, 2018 to discuss its second quarter 2018 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. (MDT) / 11 a.m. (EDT).

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 … Continue Reading

CALGARY, Alberta, June 28, 2018 (GLOBE NEWSWIRE) — News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or Company) today announced that it has replenished the capacity available under its existing $1.0 billion, or its U.S. dollar equivalent at-the-market equity program (ATM Program). This will allow the Company to issue additional common shares from treasury (Common Shares) having an aggregate gross sales price of up to $1.0 billion, for a revised total of $2.0 billion, or its U.S. dollar equivalent (Amended ATM Program), to the public from time to time at the Company’s discretion, at the prevailing market price when sold … Continue Reading

CALGARY, Alberta, June 18, 2018 (GLOBE NEWSWIRE) — Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will move forward with a proposed $140-million expansion of its NOVA Gas Transmission Ltd. (NGTL) System following the successful completion in March of an expansion capacity open season for incremental firm export delivery service at the Empress/McNeill Export Delivery Point.

Shippers have executed binding agreements for 280 million cubic feet per day (MMcf/d) of incremental firm delivery service that will commence November 2021. The average term of the contracts awarded for the expansion capacity is 22 years. NGTL also concurrently … Continue Reading