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TC Energy To Sell Energía Occidente De México For C$560 Mln
Source: Nasdaq
M&A & RestructuringEnergy Markets & PricesInfrastructure & Defense
TC Energy agreed to sell Energía Occidente de México, owner of the Guadalajara-Manzanillo Pipeline, to affiliates of ESENTIA Energy Development for C$560 million. The transaction represents a portfolio divestiture for TC Energy and is modestly positive for capital recycling, though the article provides no details on expected proceeds use, closing timing, or financial impact.
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