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TC Energy selling Portland Natural Gas Transmission System for US$1.14 billion

TC Energy is selling the Portland Natural Gas Transmission System for US$1.14 billion. BlackRock, through a fund managed by its diversified infrastructure business, is the buyer.
PNGTS is a 475-kilometre natural gas pipeline system serving upper New England and Atlantic Canada markets. It receives gas from the Trans Quebec and Maritimes Pipeline.
The sale is expected to close in mid-2024, pending regulatory approvals and customary closing conditions.

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Calgary Herald

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TC Energy selling Portland Natural Gas Transmission System for US$1.14B

TC Energy Corp.'s plan to shore up its balance sheet with $3 billion or more in asset sales took a step forward Monday after a deal to sell a U.S. pipeline.

2 years ago·Toronto, Canada

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CTV News

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TC Energy selling Portland Natural Gas Transmission System for US$1.14 billion

TC Energy Corp. and its partner have signed a deal to sell the Portland Natural Gas Transmission System for US$1.14 billion including the assumption of US$250 million in debt.

2 years ago·Canada

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Bradford Today

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TC Energy selling Portland Natural Gas Transmission System for US$1.14 billion

CALGARY — TC Energy Corp. and its partner have signed a deal to sell the Portland Natural Gas Transmission System for US$1.14 billion including the assumption of US$250 million in debt.

2 years ago·Bradford West Gwillimbury, Canada

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Elora Fergus Today

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TC Energy selling Portland Natural Gas Transmission System for US$1.14 billion

CALGARY — TC Energy Corp. and its partner have signed a deal to sell the Portland Natural Gas Transmission System for US$1.14 billion including the assumption of US$250 million in debt.

2 years ago·Fergus, Canada

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Collingwood Today

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TC Energy selling Portland Natural Gas Transmission System for US$1.14 billion

CALGARY — TC Energy Corp. and its partner have signed a deal to sell the Portland Natural Gas Transmission System for US$1.14 billion including the assumption of US$250 million in debt.

2 years ago·Collingwood, Canada

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Midland Today

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TC Energy selling Portland Natural Gas Transmission System for US$1.14 billion

CALGARY — TC Energy Corp. and its partner have signed a deal to sell the Portland Natural Gas Transmission System for US$1.14 billion including the assumption of US$250 million in debt.

2 years ago·Midland, Canada

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