September 30, 2014 6:00 PM ET

Electric Utilities

Company Overview of TransCanada Energy Ltd.

Company Overview

TransCanada Energy Ltd. owns and operates a cogeneration plant. The company supplies electricity for industrial processes. It also operates natural gas transmission business. The company is based in Toronto, Canada. TransCanada Energy Ltd. operates as a subsidiary of TransCanada Corp.

55 Young Street

8th floor

Toronto, ON M5E-1J4






Key Executives for TransCanada Energy Ltd.

Compensation as of Fiscal Year 2014.

TransCanada Energy Ltd. Key Developments

Ontario Power Authority and TransCanada Energy Finalize a Clean Energy Supply Contract

The Ontario Power Authority (OPA) and TransCanada Energy Ltd. (TCE) have finalized a Clean Energy Supply Contract for a new 900 megawatt gas-fired power plant, which will be located on the site of Ontario Power Generation's (OPG) Lennox Generating Station near Napanee. The terms of the contract are consistent with the terms in the Memorandum of Understanding (MOU) the OPA and TCE signed on September 24, 2012. The MOU set a deadline of December 14 for finalizing the contract.

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