Stocks in play: TC Energy Corporation

Announced today that it has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project). In addition, the Coastal GasLink Pipeline Limited Partnership has executed a credit agreement with a syndicate of banks extending non-recourse project-level financing to fund the majority of the construction costs for the Project which, with the closing of the equity sale, are available to be drawn. Together, these transactions have resulted in the Company realizing immediate proceeds of approximately $2.1 billion. TC Energy Corporation shares T.TRP are trading up $1.33 at $60.23.

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