TC Energy reports strong third quarter 2023 operating and financial results and achieves mechanical completion on Coastal GasLink ahead of target
Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway
- Project execution: Coastal GasLink achieves mechanical completion, while continuing to advance Southeast Gateway
We are pleased to announce that the Coastal GasLink project has achieved mechanical completion ahead of our year-end target. - In October, the project achieved 100 per cent pipe installation following the final weld at the base of Cable Crane Hill.
- Land rights and rights of way negotiations have closed, and all critical permits for onshore construction have been received.
- Closing of this transaction is a major step towards reaching TC Energy’s 2024 year-end leverage target of 4.75 times debt-to-EBITDA.