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0 0.00681318681318686 0.00417582417582428 0.00725274725274737 -0.000439560439560352 0.00241758241758241 0.0112087912087913 0.00483516483516481
Stock impact report

TC Energy reaches five-year revenue requirement settlement with NGTL System customers [Canadian Business Journal (Canada)]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) — – News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has reached a five-year negotiated revenue requirement settlement with its customers and other interested parties that extends from 2020 to 2024.“This settlement is the result of a collaborative engagement with our customers and is responsive to the needs of both the industry and our business,” said Russ Girling, TC Energy President and Chief Executive Officer. “Recognizing it is a challenging time for a number of our customers, this innovative settlement includes incentives to keep tolls competitive while providing a stable return to TC Energy as we execute in excess of $14 billion of pipeline projects to enhance the connectivity of Western Canadian Sedimentary Basin (WCSB) natural gas supply to all markets.”The settlement is designed to facilitate the cost-effective transportation Show less Read more
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