Stocks in play: TC Energy Corp
Announced today a $29.3 million investment in a renewable natural gas production facility near the Jack Daniel Distillery in Lynchburg, TN. Owned by Lynchburg Renewable Fuels LLC, the facility will produce RNG with a carbon intensity score that is 50 per cent lower than traditional natural gas, saving up to 16,000 tonnes of CO2e/ year. The project is being developed by 3 Rivers Energy Partners, LLC, also an owner in Lynchburg Renewable Fuels. TC Energy Corp shares T.TRP are trading up $1.38 at $57.58.
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