Edition:
United Kingdom

TransCanada Corp (TRP.TO)

TRP.TO on Toronto Stock Exchange

51.60CAD
15 Oct 2018
Change (% chg)

-- (--)
Prev Close
$51.60
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,918,752
52-wk High
$65.18
52-wk Low
$50.28

Latest Key Developments (Source: Significant Developments)

Aecon Awarded Contract By Transcanada For Coastal Gaslink Pipeline Project In British Columbia
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Aecon Group Inc ::AECON AWARDED PIPELINE CONSTRUCTION CONTRACT BY TRANSCANADA FOR COASTAL GASLINK PIPELINE PROJECT IN BRITISH COLUMBIA.AECON GROUP INC - SA ENERGY GROUP, A 50/50 JV BETWEEN AECON AND ROBERT B. SOMERVILLE CO. LTD, HAS BEEN AWARDED $526 MILLION CONTRACT BY TRANSCANADA.AECON GROUP INC - SUBSTANTIAL COMPLETION OF CONSTRUCTION OF PIPELINE IS ANTICIPATED BY NOVEMBER 2021 AND FINAL COMPLETION IS EXPECTED BY END OF 2022.AECON GROUP INC - SA ENERGY GROUP HAS BEEN AWARDED A $526 MILLION CONTRACT BY TRANSCANADA CORPORATION.AECON GROUP INC - EARLY WORKS FOR SPREADS 3 AND 4 WILL COMMENCE IN MID-2019, WITH CONSTRUCTION STARTING IN JULY 2020.  Full Article

Transcanada To Construct Coastal Gaslink Pipeline Project
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - TransCanada Corp ::TRANSCANADA TO CONSTRUCT COASTAL GASLINK PIPELINE PROJECT.TRANSCANADA CORP - CONSTRUCTION ACTIVITIES ARE EXPECTED TO BEGIN IN EARLY 2019 WITH A PLANNED IN-SERVICE DATE IN 2023.TRANSCANADA CORP - ESTIMATED CDN$6.2 BILLION PROJECT.TRANSCANADA CORP - MAJORITY OF SPEND ON CONSTRUCTION WILL OCCUR IN 2020 AND 2021.TRANSCANADA CORP - AS PART OF FUNDING PLAN, INTENDS TO EXPLORE JOINT VENTURE PARTNERS AND PROJECT FINANCING FOR COASTAL GASLINK.TRANSCANADA - PROJECT UNDERPINNED BY 25-YEAR TRANSPORTATION SERVICE AGREEMENTS ENTERED INTO WITH LNG CANADA PARTICIPANTS.TRANSCANADA CORP - PROJECT INCLUDES PRE-DEVELOPMENT COSTS TO DATE OF ABOUT $470 MILLION.TRANSCANADA CORP - DIFFERENCES BETWEEN ESTIMATED CAPITAL COST AND FINAL COST OF PROJECT WILL BE RECOVERED IN FUTURE PIPELINE TOLLS.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL EMPLOY 2,000-2,500 PEOPLE DURING CONSTRUCTION.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL GENERATE APPROXIMATELY $20 MILLION A YEAR IN ONGOING PROPERTY TAX BENEFITS TO B.C. COMMUNITIES.TRANSCANADA- THE PIPELINE TO HAVE INITIAL CAPACITY OF ABOUT 2.1 BILLION CUBIC FEET PER DAY WITH POTENTIAL FOR EXPANSION OF UP TO ABOUT 5 BCF/DAY.  Full Article

TransCanada Announces Agreement To Sell Its Share Of Cartier Wind Energy
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - TransCanada Corp ::PRESS RELEASE - TRANSCANADA ANNOUNCES AGREEMENT TO SELL ITS SHARE OF CARTIER WIND ENERGY.TRANSCANADA CORP - DEAL FOR FOR APPROXIMATELY $630 MILLION.TRANSCANADA CORP - TO SELL 62 PER CENT SHARE OF CARTIER WIND POWER FACILITIES, AND RELATED OPERATING ENTITIES.TRANSCANADA CORP - WELL POSITIONED TO FUND NEAR-TERM CAPITAL PROGRAM THROUGH OUR GROWING INTERNALLY GENERATED CASH FLOW.TRANSCANADA CORP - TO SELL SHARE OF CARTIER WIND ENERGY TO INNERGEX RENEWABLE ENERGY INC.  Full Article

Transcanada Replenishes Capacity Available Under At-The-Market Equity Program
Thursday, 28 Jun 2018 

June 28 (Reuters) - TransCanada Corp ::TRANSCANADA REPLENISHES CAPACITY AVAILABLE UNDER AT-THE-MARKET EQUITY PROGRAM.TRANSCANADA CORP - HAS REPLENISHED CAPACITY AVAILABLE UNDER ITS EXISTING $1.0 BILLION, OR ITS U.S. DOLLAR EQUIVALENT AT-THE-MARKET EQUITY PROGRAM.  Full Article

National Energy Board Recommends Approval Of $1.4 Bln North Montney Mainline Project Variance
Thursday, 24 May 2018 

May 24 (Reuters) - TransCanada Corp ::NATIONAL ENERGY BOARD RECOMMENDS APPROVAL OF $1.4 BILLION NORTH MONTNEY MAINLINE PROJECT VARIANCE.TRANSCANADA CORP - NEB ALSO PROVIDED GUIDANCE ON TOLLING PRINCIPLES TO BE APPLIED TO PROJECT.TRANSCANADA - SUBJECT TO FEDERAL APPROVAL, CONSTRUCTION IS EXPECTED TO START BY Q3 OF 2018, WITH ANTICIPATED IN-SERVICE DATE OF MID-2019..TRANSCANADA CORP - NOVA GAS TRANSMISSION LTD WILL WORK WITH ITS SHIPPERS TO ADDRESS REQUIREMENTS PROVIDED BY NEB.  Full Article

Transcanada Corp: Expects Comparable EBITDA OF About $9.5 Bln In 2020 - conf call
Friday, 27 Apr 2018 

April 27 (Reuters) - TransCanada Corp ::NEED EXPANDED PIPELINE CAPACITY TO MOVE CRUDE OIL SUPPLIES IN CANADA AND U.S.- CEO RUSS GIRLING AT ANNUAL SHAREHOLDER MEETING.EXPECTS COMPARABLE EBITDA TO BE ABOUT $9.5 BILLION IN 2020 - CEO AT ANNUAL SHAREHOLDER MEETING.IN ADDITION TO KEYSTONE XL, LOOKING TO INCREASE SYSTEM UTILIZATION BY CONNECTING MORE SUPPLY AND MORE MARKETS TO THE SYSTEM- CEO."HARD TO IMAGINE HOW WE CAN RESURRECT ENERGY EAST OVER THE NEXT FIVE YEARS" - CEO.  Full Article

TransCanada Says Its Leach XPress Project Was Placed In-Service On Jan. 1
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - TransCanada Corp ::LEACH XPRESS PROJECT PLACED INTO SERVICE; MOUNTAINEER XPRESS, GULF XPRESS RECEIVE FERC CERTIFICATES.TRANSCANADA SAYS ITS LEACH XPRESS PROJECT WAS PLACED IN-SERVICE ON JAN. 1.  Full Article

Transcanada Announces Agreement To Sell Retail Contracts To EDF Energy Services LLC
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Transcanada Corp ::TRANSCANADA ANNOUNCES AGREEMENT TO SELL RETAIL CONTRACTS TO EDF ENERGY SERVICES, LLC.TRANSCANADA CORP - ‍ENTERED INTO AN AGREEMENT TO SELL ITS OUTSTANDING U.S. RETAIL POWER CONTRACTS TO EDF ENERGY SERVICES LLC​.TRANSCANADA CORP - WEDNESDAY'S ANNOUNCEMENT PART OF CONTINUED WIND DOWN OF TRANSCANADA'S POWER MARKETING LTD. (TCPM) OPERATIONS.  Full Article

TransCanada: no Keystone XL partnership plans, but not ruling out
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Transcanada Corp ::TRANSCANADA SAYS IT HAS NO CURRENT PLANS TO FIND PARTNERS FOR KEYSTONE XL, BUT NOT RULING OUT POSSIBILITY.SAYS IT HAS ABILITY TO TRY AVOIDING ISSUING EQUITY TO FUND KEYSTONE XL PIPELINE.  Full Article

Transcanada talking with landowners on alternative Keystone XL route
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Transcanada Says ::HAS BEGUN ENGAGEMENT WITH LANDOWNERS AFFECTED BY ALTERNATIVE KEYSTONE XL PIPELINE ROUTE APPROVED BY NEBRASKA.  Full Article

TransCanada puts part of W.Va. Mountaineer natgas pipe into service

Oct 11 Canadian energy company TransCanada Corp told U.S. energy regulators on Thursday that the company's Columbia Gas Transmission unit put part of its $3 billion Mountaineer XPress natural gas pipeline into service in West Virginia.