TC Energy Sells Columbia Midstream M-U Assets to UGI for $1.28B

Exactly three years ago, TransCanada Corporation (now renamed TC Energy) completed a deal to buy out and merge in Columbia Pipeline Group for $10 billion (see TransCanada and Columbia Pipeline Tie the Knot Today). Columbia (now TC Energy) owns significant assets in the Marcellus/Utica region. Yesterday TC Energy announced it is selling some of those M-U assets to PA-based utility UGI for $1.275 billion.

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