Representative End User Clients
Representative Automation Clients
Representative Software Clients
TransCanada has inked a $13-billion (U.S.) deal with Columbia Pipeline Group that would help expand its already vast natural gas pipeline footprint, and create one of the largest regulated natural gas transmission businesses in North America.
Columbia operates a 24,000-kilometre pipeline network that stretches from New York to the Gulf of Mexico. Combined with TransCanada's existing North American footprint, the new entity together will create a 91,000-kilometre natural gas pipeline system connecting some of the most prolific supply basins in the Marcellus and Utica shale gas regions to premium markets across the continent.
The deal, which includes the assumption of $2.8 billion (U.S.) in debt, represents a rare opportunity to transport North America's abundant natural gas supply to liquefied natural gas terminals for export to international markets.
TransCanada has made headlines in recent years for its challenges in building new crude oil pipelines, such as Keystone XL and Energy East. U.S. President Barack Obama nixed Keystone XL in November, following a seven-year regulatory saga.