Sunday, June 1, 2025
TransCanada

TransCanada Pays $13 Billion for 15,000 Miles of Marcellus/Utica Pipeline Assets

TransCanada purchases Columbia Pipeline Group for $10.2 billion plus assumption of debt After years of regulatory limbo to get its Keystone XL pipeline resulted in nothing, TransCanada (ticker: TRP, TransCanada.com) found a new way to continue expanding its North American foot print; the company announced yesterday that it will acquire Columbia Pipeline group for US$13 billion, resulting in a combined $23