TC Energy Closes Indigenous Ownership Deal In Coastal GasLink Pipeline

British Columbia First Nations to share in the long-term economic benefits from Canadian energy infrastructure

CALGARY, Alberta, Oct. 13, 2026 (GLOBE NEWSWIRE) -- TC Energy Corporation ((TSX, NYSE:TRP) (TC Energy or the Company) today announced the closing of an agreement with FN CGL Pipeline Limited Partnership, an Indigenous-led investment entity representing five First Nations along the Coastal GasLink (CGL) corridor.

Through the agreement developed in collaboration with the participating Nations, Haisla Nation, Halfway River First Nation, McLeod Lake Indian Band, Saulteau First Nations and West Moberly First Nations will obtain an economic interest in the entity that holds TC Energy’s limited partner interest in CGL. These communities are expected to benefit from long-term, predictable financial returns associated with TC Energy's limited partner interest in CGL.

This announcement is the first of two planned Indigenous investment transactions related to CGL. A second transaction involving additional First Nations is expected to close in Q4 2026.