Spectra Energy, TransCanada to build multibillion-dollar pipeline projects to Mexico

06/14/2016 Houston Business Journal

pipelineMexico’s state-owned power company selected a subsidiary of Houston-based Spectra Energy Corp (NYSE: SE) and a joint venture led by TransCanada Corp. (NYSE: TRP) to build two pipeline projects that will transport natural gas to Mexico.

The TransCanada portion is the $2.1 billion Sur de Texas-Tuxpan pipeline project, and the Spectra portion is the $1.5 billion Nueces-to-Brownsville pipeline project.

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