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TRP

TransCanada CEO Scheduled to Discuss $6 Bln Natural Gas Infrastructure Development; Shares Up 2% Off High

TransCanada Corp. ( TRP ) president and CEO Russ Girling later today will host a media availability at the 10th Annual Natural Resources Forum to discuss the company's proposed $6 billion natural gas infrastructure investment in British Columbia (B.C.).

The company has been selected to design, build, own and operate the Prince Rupert Gas Transmission pipeline that will transport natural gas from Fort St. John, B.C. to the Pacific Northwest LNG export facility in Port Edward near Prince Rupert, B.C.

TRP hit a new high of $48.85 this morning, currently up 1.9% at $48.81. Shares have a 52-week low of $39.74 and have increased 15% in the last 12 months.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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