24 Jul 2023
TC Energy to sell 40 percent share in US gas business to GIP in $5.2 billion deal
TC Energy Corporation agreed to sell its 40 percent share in its two Columbia gas transmission systems in the United States, Columbia Gas Transmission, LLC and Columbia Gulf Transmission, LLC, to New York-based Global Infrastructure Partners (GIP) for $5.2 billion. The deal is expected to be completed in the fourth quarter of 2023.