March 31 (Reuters) - TC Energy Corp TRP.TO :
* TC ENERGY TO BUILD KEYSTONE XL PIPELINE
* WILL PROCEED WITH CONSTRUCTION OF KEYSTONE XL PIPELINE PROJECT
* PIPELINE IS EXPECTED TO ENTER SERVICE IN 2023
* GOVERNMENT OF ALBERTA HAS AGREED TO INVEST APPROXIMATELY US$1.1 BILLION AS EQUITY IN PROJECT
* TC ENERGY- REMAINING CAPITAL INVESTMENT OF ABOOUT $6.9 BILLION EXPECTED TO BE MADE IN 2021, 2022
* TC ENERGY- REMAINING CAPITAL INVESTMENT FUNDED THROUGH $4.2 BILLION CREDIT FACILITY GUARANTEED BY GOVERNMENT OF ALBERTA , $2.7 BILLION INVESTMENT BY CO
* TC ENERGY- INTENDS TO FILE $1.0 BILLION EQUITY SHELF TO ENABLE AN AT MARKET EQUITY ISSUANCE PROGRAM UTILIZED IF AND AS DEEMED APPROPRIATE
* TC ENERGY- ONCE PROJECT COMPLETE, CO TO ACQUIRE GOVERNMENT OF ALBERTA'S EQUITY INVESTMENT, REFINANCE $4.2 BILLION CREDIT FACILITY IN DEBT CAPITAL MARKETS