TC PipeLines, LP is a United States limited partnership with a long history of stable and growing cash distributions which has delivered value to its investors while maintaining a solid cash distribution coverage ratio.
Through its disciplined investment philosophy, TC PipeLines now has investments in six critical FERC regulated, low-risk energy infrastructure pipelines, capable of moving 8.9 billion cubic feet per day of natural gas. Revenues from these assets are derived almost entirely from fee-based charges.
With access to new gas supplies through support from its sponsor, TransCanada Corporation, who also operates our assets on our behalf, TC PipeLines’ assets are primarily connected to one of the largest supply basins in North America that is positioned to recover and grow over the next decade.
With a strong and conservative balance sheet, a low general partner cash take and an ample amount of available liquidity, we are well positioned for growth.