What is the Columbia Gas expansion project approved by TC Energy, and what are its key commercial and operational details?

TC Energy approved a $1.5 billion Columbia Gas expansion project called the Appalachia Supply Project, which is expected to begin operations in 2030, is backed by a 20-year contract with a financially strong utility, and will be capable of transporting up to 0.8 billion cubic feet of natural gas per day to support new gas-fired power plants.

How did TC Energy's first-quarter financial performance compare to analyst expectations, and which business segments drove the strongest growth?

TC Energy's first-quarter adjusted core profit narrowly beat analysts' expectations—earning 99 Canadian cents per share versus an average estimate of 98 Canadian cents—and was driven by strong North American operations: U.S. natural gas pipelines rose ~10% to nearly C$1.50 billion, Canadian pipelines rose ~3% to C$919 million, and Mexico pipelines surged 85.4% to C$432 million.

TC Energy Approves $1.5 Billion Columbia Gas Expansion After Profit Tops Estimates

May 1, 2026

TC Energy approved a $1.5 billion Columbia Gas expansion project following Q1 profits that beat analyst expectations. The project targets rising natural gas demand from LNG exports and AI data centers, with operations starting in 2030.

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TC Energy Approves $1.5 Billion Columbia Gas Expansion After Profit Tops Estimates

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