CPHC

TC Energy successfully completes $5.3 billion sale of a 40 per cent non-controlling equity interest in Columbia Gas and Columbia Gulf

Retrieved on: 
Wednesday, October 4, 2023

CALGARY, Alberta, Oct. 04, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it has successfully completed the sale of a 40 per cent non-controlling equity interest in its Columbia Gas Transmission, LLC (Columbia Gas) and Columbia Gulf Transmission, LLC (Columbia Gulf) systems to Global Infrastructure Partners (GIP) for total cash proceeds of $5.3 billion (US$3.9 billion).

Key Points: 
  • CALGARY, Alberta, Oct. 04, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it has successfully completed the sale of a 40 per cent non-controlling equity interest in its Columbia Gas Transmission, LLC (Columbia Gas) and Columbia Gulf Transmission, LLC (Columbia Gulf) systems to Global Infrastructure Partners (GIP) for total cash proceeds of $5.3 billion (US$3.9 billion).
  • "GIP is a strong and reputable strategic and financial partner that will help unlock incremental value on our Columbia gas systems."
  • Going forward, GIP will fund its 40 per cent share of Columbia Gas and Columbia Gulf’s gross capital expenditures.
  • CPHC is the entity through which TC Energy and GIP hold their equity interests.

TC Energy partners with Global Infrastructure Partners through $5.2 billion sale of a 40 per cent equity interest in Columbia Gas and Columbia Gulf

Retrieved on: 
Monday, July 24, 2023

Columbia Gas and Columbia Gulf will be held in a new joint venture partnership with Global Infrastructure Partners (GIP).

Key Points: 
  • Columbia Gas and Columbia Gulf will be held in a new joint venture partnership with Global Infrastructure Partners (GIP).
  • TC Energy will continue to operate the systems, focusing on maximizing value through safe operations, reliability of service and operational excellence.
  • TC Energy and GIP will jointly invest in annual maintenance, modernization and sanctioned growth capital to further enhance system capacity and reliability.
  • CPHC represents the entity through which TC Energy and GIP will each hold their equity interest.

Syska Hennessy Broadens Boston Office Capabilities with Four Key Hires

Retrieved on: 
Tuesday, June 27, 2023

BOSTON, June 27, 2023 /PRNewswire/ -- The Boston office of Syska Hennessy Group has added four specialists to enhance local capabilities in life sciences, sustainability, data centers, and power systems, announces Andrew Krenning, associate partner and leader of the Boston office.

Key Points: 
  • Fondungallah earned a master's degree in electrical engineering from Northeastern University in Boston.
  • Our office has been growing rapidly, and we expect the momentum to further increase with these new colleagues on board."
  • Syska's Boston office is located at 10 Post Office Square in the center of the financial district.
  • Syska Hennessy Group is a leading global, full-service MEP, information and communication technology (ICT), vertical transportation, and commissioning engineering firm.

CANTERBURY PARK PROMOTES JASON HAUGEN TO NEW ROLE AS VICE PRESIDENT OF REAL ESTATE FOR CANTERBURY PARK DEVELOPMENT, LLC

Retrieved on: 
Monday, November 14, 2022

SHAKOPEE, Minn., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (Canterbury or the Company) (NASDAQ: CPHC), announced today that current Director of Real Estate Development, Jason Haugen, has been named Vice President of Real Estate for Canterbury Park Development, LLC.

Key Points: 
  • SHAKOPEE, Minn., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (Canterbury or the Company) (NASDAQ: CPHC), announced today that current Director of Real Estate Development, Jason Haugen, has been named Vice President of Real Estate for Canterbury Park Development, LLC.
  • In this newly created role, Haugen will continue his work overseeing the development of Canterbury Commons while also managing the growing portfolio of the Companys real estate equity investments.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.
  • For a photograph of Jason Haugen and PDF of this release use this link: https://canterburypark.egnyte.com/fl/1Nyzv6jYE9
    For Canterbury Park logo use this link: https://canterburypark.egnyte.com/dl/G2iwt11JCi

Canterbury Park Holding Corporation Reports Record 2022 Third Quarter Results

Retrieved on: 
Thursday, November 10, 2022

We delivered record third quarter results, including 4.4% year over year revenue growth to $22.3 million and 3.2% adjusted EBITDA growth to an all-time quarterly record $5.3 million.

Key Points: 
  • We delivered record third quarter results, including 4.4% year over year revenue growth to $22.3 million and 3.2% adjusted EBITDA growth to an all-time quarterly record $5.3 million.
  • Our Racing and Food & Beverage operations also generated strong results as we concluded a great 2022 live racing meet in the third quarter.
  • Canterbury Commons remains a hub of activity as work continued throughout the quarter on a variety of residential and entertainment projects.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Phius Passive Projects Design Competition Winners Announced

Retrieved on: 
Monday, November 7, 2022

CHICAGO, Nov. 7, 2022 /PRNewswire-PRWeb/ -- Today, Phius released the list of winners of its Passive Projects Design Competition. First announced during PhiusCon 2022, at the 8th Annual Passive Projects Design Competition Awards Ceremony, the juried competition recognized fully certified passive building projects of all types in all climate zones.

Key Points: 
  • Commending the Best Passive Projects in North America and Beyond, Awardees Were Honored for Their Accomplishments in Phius-certified Passive Building
    CHICAGO, Nov. 7, 2022 /PRNewswire-PRWeb/ -- Today, Phius released the list of winners of its Passive Projects Design Competition.
  • First announced during PhiusCon 2022, at the 8th Annual Passive Projects Design Competition Awards Ceremony, the juried competition recognized fully certified passive building projects of all types in all climate zones.
  • About Phius Phius is a non-profit 501(c)(3) organization committed to decarbonizing the built environment by making high-performance passive building the mainstream market standard.
  • We train and certify professionals, maintain and update the Phius climate-specific passive building standard, certify and quality assure passive buildings, certify high-performance building products and conduct research to advance high-performance building.

CANTERBURY PARK HOLDING CORPORATION ANNOUNCES QUARTERLY CASH DIVIDEND

Retrieved on: 
Wednesday, September 14, 2022

Shakopee, MN, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (Canterbury or the Company) (NASDAQ: CPHC), today announced that the Companys Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on October 14, 2022 to stockholders of record on September 30, 2022.

Key Points: 
  • Shakopee, MN, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (Canterbury or the Company) (NASDAQ: CPHC), today announced that the Companys Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on October 14, 2022 to stockholders of record on September 30, 2022.
  • At this quarterly rate, the annual dividend is equivalent to $0.28 per common share.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.
  • From time to time, in press releases and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans based on managements beliefs and assumptions.

Canterbury Park Holding Corporation Reports 2022 Second Quarter Results

Retrieved on: 
Thursday, August 11, 2022

We had a strong second quarter with revenue rising 12% to $17.8 million and adjusted EBITDA growing 1% to $3.6 million year-over-year, both of which were records for our second quarter, said Randy Sampson, President and Chief Executive Officer of Canterbury Park.

Key Points: 
  • We had a strong second quarter with revenue rising 12% to $17.8 million and adjusted EBITDA growing 1% to $3.6 million year-over-year, both of which were records for our second quarter, said Randy Sampson, President and Chief Executive Officer of Canterbury Park.
  • Canterbury Parks 65-day race meet began on May 18, 2022 and revenue in the second quarter benefitted from increased guest attendance at our live meet.
  • Work on a growing number of development projects at Canterbury Commons continued in the second quarter, including initial work on several new projects.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

Retrieved on: 
Tuesday, June 14, 2022

SHAKOPEE, Minn., June 14, 2022 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (Canterbury or the Company) (NASDAQ: CPHC), today announced that the Companys Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on July 14, 2022 to stockholders of record on June 30, 2022.

Key Points: 
  • SHAKOPEE, Minn., June 14, 2022 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (Canterbury or the Company) (NASDAQ: CPHC), today announced that the Companys Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on July 14, 2022 to stockholders of record on June 30, 2022.
  • At this quarterly rate, the annual dividend is equivalent to $0.28 per common share.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.
  • From time to time, in press releases and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans based on managements beliefs and assumptions.

Canterbury Park Holding Corporation Reports Record First Quarter Results

Retrieved on: 
Thursday, May 12, 2022

Financial results for the 2021 first quarter reflect the impact of the COVID-19 pandemic, including the state-mandated closure of Canterbury Park January 1, 2021 through January 10, 2021.

Key Points: 
  • Financial results for the 2021 first quarter reflect the impact of the COVID-19 pandemic, including the state-mandated closure of Canterbury Park January 1, 2021 through January 10, 2021.
  • Canterbury Parks record first quarter results highlight the underlying strength of our operations as we continue our post-pandemic recovery.
  • Momentum at Canterbury Commons was evident in the quarter as ongoing development continued and we attracted new real estate development partners.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.