TC Energy Sells Guadalajara-Manzanillo Pipeline for $560 Million

TC Energy Corporation has announced it will sell its Guadalajara-Manzanillo Pipeline to affiliates of ESENTIA Energy Development, S.A.B. de C.V. for $560 million (US$400 million).

The transaction is expected to close in the first half of 2027 and is subject to customary closing conditions, regulatory approvals, and consents.

TC Energy will retain its broader Mexico natural gas pipeline network, including approximately 3,300 kilometers of pipeline and 8.7 Bcf/d of installed natural gas transportation capacity.

According to François Poirier, President and Chief Executive Officer of TC Energy, the transaction reflects the company's focus on portfolio optimization and long-term value creation.