SOURCE: Industrial Info Resources

Industrial Info Resources

February 12, 2016 07:30 ET

TransCanada Plans $42 Billion in Near-Term, Long-Term Capital Projects, Sees Loss on Keystone XL Troubles, an Industrial News Alert

SUGAR LAND, TX--(Marketwired - Feb 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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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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