Sale would be TransCanada’s biggest divestment yet
TransCanada Corp. hired RBC Capital Markets LLC to manage the sale of its majority stake in the $6.2 billion Coastal GasLink pipeline in what would be the company’s biggest divestment yet.
If TransCanada moves forward with a sale, joint venture partners could end up owning as much as 75 per cent of the conduit, the company said in a filing to the National Energy Board dated Jan. 25.