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News 2026-09-21 23:19 UTC

TC Energy to Sell Mexican Gas Pipeline Owner for $400M

TC Energy agreed to sell Energía Occidente de México, the entity that owns the Guadalajara–Manzanillo Pipeline, to affiliates of Esentia Energy Development. The agreement values the entity at 560 million Canadian dollars, reported as $400 million in the headline.

News 2026-09-21 23:02 UTC

TC Energy to sell Mexico pipeline unit for $560 million

TC Energy agreed to sell Energía Occidente de México, owner of the Guadalajara-Manzanillo natural gas pipeline, to ESENTIA affiliates for a gross purchase price of $560 million, equivalent to US$400 million in cash proceeds. The deal targets a first-half 2027 close, subject to regulatory approvals and customary conditi