The company's head office in the TC Energy Tower in downtown Calgary
Company type
Public
Traded as
TSX: TRP
S&P/TSX 60 component
Industry
Energy
Founded
1951; 73 years ago (1951)
Headquarters
450 1 Street SW Calgary, Alberta T2P 5H1
Area served
Canada
Mexico
United States
Key people
François Poirier, President and CEO
Services
Pipeline transport
Natural gas storage
Electricity generation
Revenue
CA$13.387 Billion (Fiscal Year Ended December 31, 2021)[1]
Operating income
CA$2.166 Billion (Fiscal Year Ended December 31, 2021)[1]
Net income
CA$2.046 Billion (Fiscal Year Ended December 31, 2021)[1]
Total assets
CA$104.218 Billion (Fiscal Year Ended December 31, 2021)[1]
Total equity
CA$33.396 Billion (Fiscal Year Ended December 31, 2021)[1]
Number of employees
7,000[2]
Website
www.tcenergy.com
TC Energy Corporation (formerly TransCanada Corporation) is a major North American energy company, based in the TC Energy Tower building in Calgary, Alberta, Canada, that develops and operates energy infrastructure in Canada, the United States, and Mexico. The company operates three core businesses: Natural Gas Pipelines, Liquids Pipelines and Energy.
The Natural Gas Pipeline network includes 92,600 kilometres (57,539 miles) of gas pipeline, which transports more than 25% of North American natural gas demand. The Liquids Pipelines division includes 4,900 kilometres (3,045 miles) of oil pipeline, which ships 590,000 barrels of crude oil per day, which is about 20% of Western Canadian exports. The Energy division owns or has interests in 11 power generation facilities with combined capacity of 6,600 megawatts (MW). These power sources include nuclear and natural gas fired.[3] The company is expanding its energy division to include more renewable sources including pumped storage, wind, and solar generation.[4][5][6][7]
The company was founded in 1951 in Calgary.[8] The company's US headquarters is located in the TC Energy Center skyscraper in Houston, Texas.[9]
TC Energy is the largest shareholder in, and owns the general partner of, TC PipeLines.
^ abcde"TC Energy Corporation 2021 Annual Report" (PDF). tcenergy.com. 31 December 2021. Retrieved 8 March 2022.
^"Fact sheet" (PDF), TC Energy
^Annual Report 2018 (PDF) (Report). 2019. Retrieved March 31, 2020.
^"TC Energy — OntarioPumped Storage Project". www.tcenergy.com. Retrieved 2022-03-30.
^Energy, T. C. "TC Energy — Canyon Creek Pumped Hydro Energy Storage Project". www.tcenergy.com. Retrieved 2022-03-30.
^"Saddlebrook Solar + Storage Project". www.tcenergy.com. Retrieved 2022-03-30.
^"Expanding our renewable energy portfolio". www.tcenergy.com. Retrieved 2022-03-30.
^Kilbourn, William (1970). Pipeline: TransCanada and the Great Debate. Toronto, Clarke, Irwin. p. 29.
^Energy, T. C. "Iconic Houston building renamed: TC Energy Center". www.tcenergy.com. Retrieved 2022-04-01.
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Global Information
CA$13.387 Billion (Fiscal Year Ended December 31, 2021)[1]
CA$2.166 Billion (Fiscal Year Ended December 31, 2021)[1]