TransCanada Plans $42 Billion in Near-Term, Long-Term Capital Projects, Sees Loss on Keystone XL Troubles
TransCanada Plans $42 Billion in Near-Term, Long-Term Capital Projects, Sees Loss on Keystone XL Troubles
SUGAR LAND--February 12, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--TransCanada Corporation (TSX:TRP) (NYSE:TRP) (Calgary, Alberta) was stung by denial of a U.S. presidential permit for the Keystone XL Pipeline, but still plans to spend C$58 billion ($42 billion) on capital projects through 2019 and beyond, according to executives with the natural gas and liquids pipelines, power generation and gas storage company. Industrial Info is tracking 158 active TransCanada projects ranging in value from $1 million to $5.5 billion. Within this article: Details of planned capital expenditures by TransCanada Corporation (TSX:TRP) (NYSE:TRP).
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