TransCanada intends to change its name to TC Energy, subject to shareholder approvals later this year.
The change is intended to better reflect the scope of the company’s operations as a leading North American energy infrastructure company.
TransCanada’s shareholders will be asked to approve a special resolution to change the name at the company’s next annual and special meeting of shareholders.
“TC Energy better reflects the breadth of our business and acknowledges our proud history of safely and responsibly delivering the energy that millions of North Americans rely on every day,” said TransCanada President and CEO Russ Girling.
“We believe the name TC Energy clearly articulates our complete business – pipelines, power generation and energy storage operations – and reflects our continued continental growth into an enterprise with critical assets and employees in Canada, the US and Mexico.”
If the company gains shareholder approval, the name change will be effective immediately following the meeting in the second quarter of 2019.
For more information visit the TransCanada website.
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