TransCanada may sell assets to its master limited partnership, TC Pipelines, and other buyers for $941 million, Bloomberg reports. The natural-gas pipeline company’s assets include mature pipeline projects and some power assets.
TransCanada may consider divestitures as a financing alternative. The company has $20.7 billion in secured projects that will help raise earnings before interest, taxes, depreciation and amortization of 12% a year through 2013.
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