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TransCanada Announces Q4 2014 Results

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TransCanada Announces Q4 2014 Results

TransCanada Corporation has announced net income attributable to common shares for fourth quarter 2014 of $458 million or $0.65 per share compared to $420 million or $0.59 per share for the same period in 2013.

Russ Girling, TransCanada's president and chief executive officer said: "Comparable earnings and funds generated from operations in 2014 increased eight per cent and seven per cent, respectively compared to last year.

Our strong performance reflects the diversity and stability of our complementary businesses and $3.8 billion of new assets that were placed into service in 2014. Looking forward, the resiliency of our business model and a strong balance sheet leaves us well positioned to continue to create shareholder value under various market conditions.

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