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TC Energy Is Exploring Stake Sales of Assets Worth $10 Billion

(Bloomberg) Pipeline and transportation company TC Energy Corp. is pursuing a multibillion-dollar asset sale plan to reduce debt and fund new investments, according to people familiar with the matter.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingStock Rebound Wanes With S&P 500 Near Key Levels: Markets WrapEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventThe

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TC Energy is exploring stake sales of assets worth US$10 billion

TC Energy is exploring stake sales of assets worth US$10 billion
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Francois poirierTc energy corpMagellan midstream partnersPipeline coPortland natural gas transmission systemMillennium pipelineChief executive officer francois poirierLiquids pipelinesColumbia gas transmissionColumbia gulf transmissionGlobal infrastructure partnersEnergy transferCrestwood equity partners

TC Energy sells LNG pipeline stake to GIP for $3 9 billion

TC Energy sells LNG pipeline stake to GIP for $3 9 billion
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United kingdomRobert kwanFrancois poirierRoyal bankEnergy indexTc energyChief executive officer francois poirierCoastal gaslinkColumbia gasColumbia gulf

TC Sells Pipeline Stake to GIP for $3 9B to Cut Debt

The transaction with private equity firm Global Infrastructure Partners will put the assets in a joint venture between TC and GIP, with TC continuing to operate the systems.

United kingdomRobert kwanFrancois poirierRoyal bankTc energyTc energy corpGlobal infrastructure partnersColumbia gas transmissionColumbia gulf transmissionChief executive officer francois poirierCoastal gaslinkColumbia gasColumbia gulf

TC Energy sells LNG pipeline stake to GIP for $3 9 billion

United kingdomRobert kwanFrancois poirierEnergy indexTc energyRoyal bankChief executive officer francois poirierCoastal gaslinkColumbia gasColumbia gulf