Dec 17 (Reuters) - TransCanada Corp TRP.TO :
* PRESS RELEASE - TRANSCANADA REACHES AGREEMENT TO SELL COOLIDGE GENERATING STATION FOR US$465 MILLION
* TRANSCANADA CORP - WHEN COMBINED, EXPECT TO REALIZE APPROXIMATELY $1.7 BILLION THAT WILL BE USED TO HELP FUND OUR NEAR-TERM CAPITAL PROGRAM
* TRANSCANADA CORP - "WELL-POSITIONED TO FUND $36 BILLION OF COMMERCIALLY SECURED PROJECTS"
* TRANSCANADA CORP - TO SELL COOLIDGE GENERATING STATION TO SWG COOLIDGE HOLDINGS, LLC
* TRANSCANADA - UNDER TERMS OF PPA, SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT HAS A RIGHT OF FIRST REFUSAL ON A SALE TO A THIRD PARTY