On March 14, 2024, TC Energy entered into an agreement to sell its Prince Rupert Gas Transmission (PRGT) project to Nisga’a Nation and Western LNG, aligning with its strategic priorities to control capital expenditures and enhance asset value. PRGT, a natural gas pipeline initiative in British Columbia, aims to bolster Canada’s LNG market. The deal underscores TC Energy’s commitment to Indigenous co-ownership in energy projects, supporting regional and global environmental goals by exporting Canadian natural gas. The transaction, set to close in Q2 2024, includes transitional support from TC Energy and potential future payments contingent on project milestones. This move reflects TC Energy's focus on sustainable growth and financial discipline.