TransCanada (TRP) plans to invest ~$1B in a new natural gas pipeline in Mexico after winning a...

|About: TransCanada Corporation (TRP)|By:, SA News Editor

TransCanada (TRP) plans to invest ~$1B in a new natural gas pipeline in Mexico after winning a contract to build, own and operate the pipeline by Mexico's federal power company. The 530-km pipeline from El Encino to Topolobampo will have a contracted capacity of 670Mcf/day and is supported by a 25-year natural gas transportation services contract.