EX-99.1 2 tccnewsrelease11162009.htm TRANSCANADA CORPORATION NEWS RELEASE DATED NOVEMBER 16, 2009 tccnewsrelease11162009.htm
 
 
 
EXHIBIT 99.1
 
 



 
 
NewsRelease
 
 
 
TransCanada to Host Investor Day in Toronto and New York

CALGARY, Alberta – November 16, 2009 – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) will hold its annual Investor Day on Wednesday, November 18th in Toronto, and Thursday, November 19th in New York.
 
Members of TransCanada’s senior executive will discuss the company’s $22 billion capital program and its outlook for growth. The discussion will highlight TransCanada’s many large-scale, high-quality energy infrastructure projects that are expected to commence operations between 2010 and 2013.
 
The following senior executives will be speaking:
 
 ●  Hal Kvisle, President & Chief Executive Officer
 ●  Russ Girling, Chief Operating Officer
 ●  Alex Pourbaix, Executive Vice-President, Corporate Development & President, Energy
 ●  Don Wishart, Executive Vice-President, Operations and Major Projects
 ●  Greg Lohnes, Executive Vice-President & Chief Financial Officer
 
The November 18th Investor Day in Toronto will be webcast, starting at 8 a.m. eastern standard time (EST), 6 a.m. mountain standard time (MST) and available through TransCanada’s Investor Centre at www.transcanada.com/investor/conference.html. A copy of the presentation and the webcast, which will be archived and accessible for replay, will be available via the website.
 
With more than 50 years’ experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas pipelines, power generation, gas storage facilities, and projects related to oil pipelines. TransCanada’s network of wholly owned pipelines extends more than 59,000 kilometres (36,500 miles), tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent’s largest providers of gas storage and related services with approximately 370 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns, or has interests in, over 11,800 megawatts of power generation in Canada and the United States. TransCanada’s common shares trade on the Toronto and New York stock exchanges under the symbol TRP.
 
FORWARD-LOOKING INFORMATION
 
This news release may contain certain information that is forward looking and is subject to important risks and uncertainties. The words "anticipate", "expect", "believe", "may", "should", "estimate", "project", "outlook", "forecast" or other similar words are used to identify such forward-looking information. Forward-looking statements in this document are intended to provide TransCanada securityholders and potential investors with information regarding TransCanada and its subsidiaries, including management’s assessment of TransCanada’s and its subsidiaries’ future financial and operations plans and outlook. Forward-looking statements in this document may include, among others, statements regarding the anticipated business prospects and financial performance of TransCanada and its subsidiaries, expectations or projections about the future, and strategies and goals for growth and expansion. All forward-looking statements reflect TransCanada’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among others, the ability of TransCanada to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the operating performance of TransCanada’s pipeline and energy assets, the availability and price of energy commodities, capacity payments, regulatory processes and decisions, changes in environmental and other laws and regulations, competitive factors in the pipeline and energy sectors, construction and completion of capital projects, labour, equipment and material costs, access to capital markets, interest and currency exchange rates, technological developments and the current economic conditions in North America. By its nature, forward‑looking information is subject to various risks and uncertainties, which could cause TransCanada's actual results and experience to differ materially from the anticipated results or expectations expressed. Additional information on these and other factors is available in the reports filed by TransCanada with Canadian securities regulators and with the U.S. Securities and Exchange Commission (SEC). Readers are cautioned to not place undue reliance on this forward‑looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. TransCanada undertakes no obligation to update publicly or revise any forward‑looking information, whether as a result of new information, future events or otherwise, except as required by law.
 
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Media Inquiries:  Cecily Dobson/Terry Cunha  
(403) 920-7859 
(800) 608-7859
 
Investor & Analyst Inquiries:  David Moneta/Myles Dougan/Terry Hook 
(403) 920-7911 
(800) 361-6522