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    • TC Energy completes sale of Portland Natural Gas Transmission System

    TC Energy headquarters is shown in Calgary on Tuesday, July 30, 2024. (THE CANADIAN PRESS/Todd Korol) TC Energy headquarters is shown in Calgary on Tuesday, July 30, 2024. (THE CANADIAN PRESS/Todd Korol)
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    TC Energy Corp. says it and its partner have successfully completed the sale of Portland Natural Gas Transmission System.

    Earlier this year, the companies announced they were selling the U.S. pipeline for US$1.14 billion to a BlackRock fund and investment funds managed by Morgan Stanley Infrastructure Partners.

    The partner, Northern New England Investment Company, is a subsidiary of Énergir L.P.

    The purchase price includes the assumption of US$250 million in debt.

    TC Energy says cash proceeds will be split according to the two partners' ownership interests prior to the sale, with the Calgary-based company owning 61.7 per cent and Énergir holding 38.3 per cent.

    TC Energy president and CEO François Poirier says completing the transaction takes the company closer to achieving its goals, including delivering on $3 billion in asset divestitures.

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    This report by The Canadian Press was first published on August 15, 2024. 

    CTVNews.ca Top Stories

    A man who has brain damage has a murder conviction reversed after a 34-year fight

    A man who has brain damage and was sentenced to life in prison for the murder of a shopkeeper in London had his decades-old conviction quashed Wednesday by an appeals court troubled by the possibility police elicited a false confession from a mentally vulnerable man. Oliver Campbell, who suffered cognitive impairment as a baby and struggles with his concentration and memory, was 21 when he was jailed in 1991 after being convicted based partly on admissions his lawyer said were coerced. “The fight for justice is finally over after nearly 34 years," Campbell said. “I can start my life an innocent man.” Campbell, now in his 50s, was convicted of the robbery and murder of Baldev Hoondle, who was shot in the head in his shop in the Hackney area of east London in July 1990. He had a previous appeal rejected in 1994 and was released from prison in 2002 on conditions that could have returned him to prison if he got into trouble. Defense lawyer Michael Birnbaum said police lied to Campbell and “badgered and bullied” him into giving a false confession by admitting he pulled the trigger in an accident. He was interviewed more than a dozen times, including sessions without either a lawyer or other adult present. His learning disability put him “out of his depth” and he was "simply unable to do justice to himself,” Birnbaum said. He said the admissions were nonsense riddled with inconsistencies that contradicted facts in the case. At trial, he testified that he was not involved in the robbery and had been somewhere else though he couldn't remember where. A co-defendant, Eric Samuels, who has since died, pleaded guilty to the robbery and was sentenced to five years in prison. At the time, he told his lawyer Campbell was not the gunman and later told others Campbell wasn’t with him during the robbery. Lawyers continued to advocate for Campbell that he wasn't the killer and his case was referred to the Court of Appeal by the Criminal Cases Review Commission which investigates potential injustices. The three judges on the Court of Appeal rejected most of Birnbaum's grounds for appeal but said they were troubled by the conviction in light of a new understanding of the reliability of admissions from someone with a mental disability. The panel quashed the conviction as 'unsafe,' and refused to order a retrial.

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