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TransCanada Higher in TSX, U.S. As Completes Montagne Seche Project, Gros-Morne Phase 1

TransCanada Corporation (TRP.TO) has moved roughly 1% to just a cent below the higher end of a $40.83 to $41.30 range on the Toronto Stock Exchange after announcing the completion of the Montagne Seche project and phase one of the Gros-Morne wind farm. Combined, the two projects are capable of producing 159 megawatts of renewable energy, enough to meet the needs of over 17,000 homes.

Russ Girling, TransCanada's president and chief executive officer, said "We're pleased to add these two additional projects to our diverse energy portfolio as it demonstrates our commitment to increasing the supply and availability of clean, renewable energy."

Companies: TransCanada Corporation

Price: US$40.03. Price Change: +0.40. Percent Change: +1.0.

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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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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