TC Energy approves $1.5 billion gas expansion project
TC Energy approved a $1.5 billion expansion after reporting a quarterly profit beat. Strong North American demand for natural gas drove the performance.
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TC ENERGY CORP approved a $1.5B expansion of its Columbia Gas network after Q1 earnings beat analyst expectations. Adjusted EPS reached C$0.99, beating LSEG estimates of C$0.98 as Natural Gas demand rose across North American markets. The expansion targets surging electricity needs from AI data centers and cryptocurrency miners through the end of the decade.
