TC PipeLines

2021 Schedule K-3 tax information now available for former unitholders of TC PipeLines, LP

Retrieved on: 
Tuesday, September 6, 2022

HOUSTON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Former unitholders of TC PipeLines, LP (TC PipeLines or TCP) who held an interest during 2021 may now access their 2021 Schedule K-3 tax information (including certain international tax information) online at www.taxpackagesupport.com/tcpipelines .

Key Points: 
  • HOUSTON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Former unitholders of TC PipeLines, LP (TC PipeLines or TCP) who held an interest during 2021 may now access their 2021 Schedule K-3 tax information (including certain international tax information) online at www.taxpackagesupport.com/tcpipelines .
  • On March 3, 2021, TC Energy Corporation (TC Energy) acquired all of the outstanding publicly-held common units of TC PipeLines and it became an indirect, wholly-owned subsidiary of TC Energy.
  • 2021 is the first tax year for the new Internal Revenue Service (IRS) Schedule K-3, which requires detailed reporting by partnerships of non-U.S. activities.
  • A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements.

Generate Capital Names Brian Lehman Chief Financial Officer, Announces Retirement of Jack Stark

Retrieved on: 
Friday, May 6, 2022

Generate Capital, PBC, a leading sustainable infrastructure investment platform and operating company, today announced that it has named Brian Lehman as Chief Financial Officer.

Key Points: 
  • Generate Capital, PBC, a leading sustainable infrastructure investment platform and operating company, today announced that it has named Brian Lehman as Chief Financial Officer.
  • Brian is a fantastic addition to our leadership team at Generate, said Scott Jacobs, chief executive and co-founder of Generate.
  • I also want to thank Jack for his contributions to Generate, his wisdom, his insights and his friendship, Jacobs added.
  • Lehman will oversee all financial, accounting and capital markets functions at Generate.

TC Energy reports strong second quarter financial results

Retrieved on: 
Thursday, July 29, 2021

Our results are underpinned by strong demand for our services together with a constant focus on operational excellence.

Key Points: 
  • Our results are underpinned by strong demand for our services together with a constant focus on operational excellence.
  • Per share results reflect the impact of common shares issued for the acquisition of TC PipeLines, LP in first quarter 2021.
  • We will hold a teleconference and webcast on Thursday, July 29, 2021 to discuss our second quarter 2021 financial results.
  • Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook.

TC Energy reports solid first quarter operating performance

Retrieved on: 
Friday, May 7, 2021

We are exploring opportunities to electrify and use renewable energy to power certain of the Company\'s proprietary energy loads, with the goal of a net reduction in emissions across our footprint.

Key Points: 
  • We are exploring opportunities to electrify and use renewable energy to power certain of the Company\'s proprietary energy loads, with the goal of a net reduction in emissions across our footprint.
  • The quarterly amount is equivalent to $3.48 per common share on an annualized basis.\nAcquisition of TC PipeLines, LP: On March 3, 2021, we completed the previously announced acquisition pursuant to the agreement dated December 14, 2020 which resulted in TC Energy acquiring all of the outstanding common units of TC PipeLines, LP not beneficially owned by TC Energy and TC PipeLines, LP becoming an indirect, wholly-owned subsidiary of TC Energy.
  • Upon close of the transaction, TC PipeLines, LP common unitholders received 0.70 common shares of TC Energy for each issued and outstanding publicly-held TC PipeLines, LP common unit.
  • Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management\'s assessment of TC Energy\'s and its subsidiaries\' future plans and financial outlook.

TC Energy announces closing of $500 million subordinated notes offering by TransCanada Trust

Retrieved on: 
Thursday, March 4, 2021

CALGARY, Alberta, March 04, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada Trust (the Trust), a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), has closed an offering of $500 million of 4.20% subordinated Trust Notes, Series 2021-A due March 4, 2081 (Trust Notes), guaranteed on a subordinated basis by TCPL.

Key Points: 
  • CALGARY, Alberta, March 04, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada Trust (the Trust), a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), has closed an offering of $500 million of 4.20% subordinated Trust Notes, Series 2021-A due March 4, 2081 (Trust Notes), guaranteed on a subordinated basis by TCPL.
  • This news release does not constitute an offer to sell or the solicitation of an offer to buy the Trust Notes.
  • The Trust Notes have not been approved or disapproved by any regulatory authority.
  • Forward-looking statements in this news release are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook.

TC PipeLines, LP and TC Energy complete merger

Retrieved on: 
Wednesday, March 3, 2021

CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy), and TC PipeLines, LP (NYSE:TCP) (TCP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated December 14, 2020.

Key Points: 
  • CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy), and TC PipeLines, LP (NYSE:TCP) (TCP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated December 14, 2020.
  • The Merger resulted in TC Energy acquiring all of the outstanding publicly-held common units of TCP and TCP becoming an indirect, wholly owned subsidiary of TC Energy.
  • We are pleased to have received majority unitholder approval of the merger of TC PipeLines into TC Energy, said Franois Poirier, TC Energys President and Chief Executive Officer.The merger will simplify and streamline our corporate structure and increase TC Energys ownership in its core portfolio of critical energy infrastructure.
  • The Partnership is managed by its general partner, TC PipeLines GP, Inc., a subsidiary of TC Energy Corporation (NYSE: TRP).

TC Energy and TC PipeLines, LP complete merger

Retrieved on: 
Wednesday, March 3, 2021

CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and TC PipeLines, LP (NYSE:TCP) (TCP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated December 14, 2020.

Key Points: 
  • CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and TC PipeLines, LP (NYSE:TCP) (TCP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated December 14, 2020.
  • The Merger resulted in TC Energy acquiring all of the outstanding publicly-held common units of TCP and TCP becoming an indirect, wholly owned subsidiary of TC Energy.
  • We are pleased to have received majority unitholder approval of the merger of TC PipeLines into TC Energy, said Franois Poirier, TC Energys President and Chief Executive Officer.The merger will simplify and streamline our corporate structure and increase TC Energys ownership in its core portfolio of critical energy infrastructure.
  • Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including managements assessment of TC Energy's and its subsidiaries future plans and financial outlook.

TC Energy announces consideration of subordinated notes offering by TransCanada Trust

Retrieved on: 
Monday, March 1, 2021

CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada Trust (the Trust), a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), is considering an offering of subordinated trust notes (Trust Notes), guaranteed on a subordinated basis by TCPL, under the Trust's short form base shelf prospectus dated February 26, 2021.

Key Points: 
  • CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada Trust (the Trust), a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), is considering an offering of subordinated trust notes (Trust Notes), guaranteed on a subordinated basis by TCPL, under the Trust's short form base shelf prospectus dated February 26, 2021.
  • There is no certainty that the Trust will ultimately complete the offering being considered or as to the timing or terms on which such an offering might be completed.
  • This news release does not constitute an offer to sell or the solicitation of an offer to buy the Trust Notes.
  • In particular, there can be no assurances that an offering of Trust Notes by the Trust will be successful.

TC Energy and TC PipeLines, LP announce unitholder approval and effective date of merger

Retrieved on: 
Friday, February 26, 2021

CALGARY, Alberta, Feb. 26, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and TC PipeLines, LP (NYSE:TCP) (TCP) announced that at the special meeting of TCP common unitholders held earlier today, TCP unitholders voted to approve the previously announced merger of TCP and a wholly owned subsidiary of TC Energy pursuant to the Agreement and Plan of Merger dated December 14, 2020 (the Merger Agreement) between TCP, TC Energy and certain other related parties thereto.

Key Points: 
  • CALGARY, Alberta, Feb. 26, 2021 (GLOBE NEWSWIRE) -- News Release TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and TC PipeLines, LP (NYSE:TCP) (TCP) announced that at the special meeting of TCP common unitholders held earlier today, TCP unitholders voted to approve the previously announced merger of TCP and a wholly owned subsidiary of TC Energy pursuant to the Agreement and Plan of Merger dated December 14, 2020 (the Merger Agreement) between TCP, TC Energy and certain other related parties thereto.
  • Pursuant to the Merger Agreement, a wholly owned subsidiary of TC Energy will acquire all of TCPs outstanding common units not already owned by TC Energy and its affiliates.
  • TCP unitholders are entitled to receive 0.70 common shares of TC Energy for each issued and outstanding publicly-held TCP common unit.
  • Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook.

TC PipeLines, LP and TC Energy announce unitholder approval and effective date of merger

Retrieved on: 
Friday, February 26, 2021

Pursuant to the Merger Agreement, a wholly owned subsidiary of TC Energy will acquire all of TCPs outstanding common units not already owned by TC Energy and its affiliates.

Key Points: 
  • Pursuant to the Merger Agreement, a wholly owned subsidiary of TC Energy will acquire all of TCPs outstanding common units not already owned by TC Energy and its affiliates.
  • TCP unitholders are entitled to receive 0.70 common shares of TC Energy for each issued and outstanding publicly-held TCP common unit.
  • The Partnership is managed by its general partner, TC PipeLines GP, Inc., a subsidiary of TC Energy Corporation (NYSE: TRP).
  • For more information about TC PipeLines, LP, visit the Partnerships website at www.tcpipelineslp.com .