Subsidiary Columbia Midstream Group owns four natural gas gathering systems.
TC Energy will retain a 15% stake and remain the operator of the pipeline.
TransCanada says its new name, TC Energy, reflects its diverse business interests in pipelines, power generation and energy storage operations.
TransCanada subsidiary Coastal GasLink says it has signed agreements with all First Nations along the route for LNG Canada’s $40-billion liquefied natural gas project in Kitimat.
Last week, a US judge blocked a permit for TransCanada’s Keystone XL project and ordered officials to conduct a new environmental review.
Plans include approximately 197 kilometres of large diameter pipeline.
Accepting submissions until Oct. 29 on whether the 670-kilometre pipeline should be considered a federal project.
TransCanada abandoned the pipeline one year ago after the National Energy Board modified the environmental assessment process.
Quebec renewable energy firm expects the acquisition to generate $82.9 million.
Morneau warns the Kinder Morgan deal does not set a new precedent for other projects.
Allows TransCanada to construct most of its North Montney Mainline project for about $1.4 billion.
Master limited partnerships to recover an income tax allowance from cost of service tariffs no longer allowed.
Plan calls for the removal of a 9 km section of the pipeline running through the Sturgeon Lake Cree Nation Reserve Land.
Expansion will include 375 kilometres of large diameter pipeline, compression facilities, meter stations.
Panel ruled the new pipeline should be nearer to TransCanada’s existing pipeline in Nebraska.