MasTec's Precision Pipeline unit received a contract from TC Energy for construction of the Keystone XL Pipeline in Montana and South Dakota. The unit will hire about 1,600 union workers over two years.
TC Energy Corporation acquired John Wood Group's 50% equity stake in TransCanada Turbines Ltd. for $67 million. The transaction closed on November 13, 2020.
Welspun Tubular LLC received an order from TC Energy to supply more than 1 million feet of 36-inch line pipe for the Keystone XL pipeline. The order will keep the Little Rock facility busy for several months and avoid workforce reductions.
Berg Pipe was awarded a large line pipe contract by TC Energy for the Keystone XL pipeline. Berg will produce pipe at its facilities in Mobile, AL and Panama City, FL, using steel from multiple domestic suppliers.
OPG subsidiary Atura Power finalized the acquisition of three combined-cycle natural gas-fired plants (Napanee, Halton Hills, Portlands Energy Centre) from TC Energy for approximately C$2.8 billion ($2 billion).
TC Energy sold two natural gas-fired power plants (Napanee and Halton Hills) and a 50% stake in the Portlands Energy Centre to Ontario Power Generation for $2.87 billion.