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Share Name | Share Symbol | Market | Type |
---|---|---|---|
TC Energy Corporation | NYSE:TRP | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.50 | 1.22% | 41.59 | 41.63 | 40.95 | 41.08 | 806,932 | 18:09:15 |
“We are pleased that Indigenous communities will be provided the opportunity to participate in and benefit from the ownership of this asset, through Suncor exercising its previously-acquired right to purchase our minority interest,” said Bevin Wirzba, TC Energy’s Executive Vice-President, Strategy and Corporate Development and President, Liquids Pipelines.
“At TC Energy, we believe Indigenous communities must realize long-term sustainable benefits from energy projects. Expanding economic opportunities for Indigenous communities is an important way to advance reconciliation between Indigenous and non-Indigenous peoples. We congratulate Suncor and these communities on this new partnership.”
The transaction is anticipated to close in the fourth quarter of 2021, subject to customary closing conditions and the receipt of required regulatory approvals.
Safety is a core value at TC Energy. We are committed to working closely with Suncor Energy Inc., along with the asset’s majority owner Alberta Investment Management Corporation (AIMCo), to ensure a safe and smooth transition of ownership and operations.
About TC EnergyWe are a vital part of everyday life — delivering the energy millions of people rely on to power their lives in a sustainable way. Thanks to a safe, reliable network of natural gas and crude oil pipelines, along with power generation and storage facilities, wherever life happens — we’re there. Guided by our core values of safety, responsibility, collaboration and integrity, our 7,500 people make a positive difference in the communities where we operate across Canada, the United States and Mexico.
TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.
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Media Inquiries:Jaimie Harding / Suzanne Wiltonmedia@tcenergy.com 403-920-7859 or 800-608-7859
Investor & Analyst Inquiries:David Moneta / Hunter Mauinvestor_relations@tcenergy.com403-920-7911 or 800-361-6522
PDF available: http://ml.globenewswire.com/Resource/Download/d1765a8e-c6ea-43fb-911a-fcfcf114a1b2
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