Posted AT 12:57 PM EST on 18/11/09
TransCanada forecasts major growth
Calgary — Natural gas shipper and power producer TransCanada Corp. is forecasting major growth between now and 2013.The Calgary-based firm says it expects its earnings before interest, taxes, depreciation and amortization to grow from $4-billion this year to about $6.5-billion in 2013 – an increase of 60 per cent.Funds from operations of $3-billion this year are expected to grow 50 per cent to $4.5-billion four years from now.
The full text of this article has 141 words.
To continue reading this article, you will need to purchase this article.
This article is NOT available for licensing for re-use and redistribution.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
