TransCanada to Construct Coastal GasLink Pipeline Project - Seite 3

 

Confirming approximately $2.8 billion in construction contracts to the project’s four prime contractors
 

Directly awarding $620 million to Indigenous businesses and contractors for construction activities, with an additional $400 million anticipated to both B.C. northern communities and Indigenous communities during the construction period, totaling approximately $1 billion of local spend in the province of B.C.
 

Signing project and community agreements with all 20 elected Indigenous bands along the pipeline route, confirming strong support from Indigenous communities across the province

“Our team has demonstrated that we have the knowledge and expertise to move this important project forward safely and responsibly, with the full understanding that our success comes from the close working relationships we have developed with our Indigenous and local B.C. communities. It is time to build this pipeline. We are ready to do that and want to express our deepest gratitude to those communities and First Nations groups who have supported our project over the past six years,” concluded Girling.

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About TransCanada

With more than 65 years' experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and liquids pipelines, power generation and gas storage facilities. TransCanada operates one of the largest natural gas transmission networks that extends more than 91,900 kilometres (57,100 miles), tapping into virtually all major gas supply basins in North America. TransCanada is a leading provider of gas storage and related services with 653 billion cubic feet of storage capacity. A large independent power producer, TransCanada currently owns or has interests in approximately 6,100 megawatts of power generation in Canada and the United States. TransCanada is also the developer and operator of one of North America’s leading liquids pipeline systems that extends approximately 4,900 kilometres (3,000 miles), connecting growing continental oil supplies to key markets and refineries. TransCanada’s common shares trade on the Toronto and New York stock exchanges under the symbol TRP. Visit TransCanada.com to learn more, or connect with us on social media.