transcanada changing its name to tc energy to underline it's not just about canada - energy storage companies
Remove Canada from its name. The Calgary-
TransCanada Pipeline Co. , Ltd, based in 1951
Bringing natural gas from Alberta to eastern Canada will be renamed TC Energy in the second quarter.
The TRP stock code used by Toronto and the new stock exchange will be retained.
"The name TC Energy clearly expresses our entire business --
Pipeline, power generation and energy storage
And reflects the continued growth of our businesses with key assets and employees in Canada, the United States and Mexico, "Chief Executive Russ Girling said in a statement on Wednesday.
The name was properly announced at an employee forum in Mexico City.
In fact, TransCanada is increasingly earning more from places outside Canada where it has built 14,000 (8,700 mile)
Main Line natural gas pipeline of 1950 sThe U. S.
According to data compiled by Bloomberg, TransCanada's revenue accounted for about 2017.
About 36 points came from Canada and the rest from Mexico.
TransCanada, it has a very diverse business in the United States. S. with its US$10.
2 billion Columbia Pipeline Group
The 2016 acquisition marked a change in the name more than a year ago, cutting its home country by seeking a trademark on the new company name.
According to the Canadian Intellectual Property Office, the names of TC Energy, TCE, Ventiv, Convergent and Northbow were published by pipeline builders and operators.
Shares in TransCanada rose by 8.
Driven by the rebound in oil prices, this year rose by 3 percentage points. Bloomberg.