2022 Investor Day Presentation
●
TC ENERGÍA
Industry-leading position in a
growing natural gas market
30-year history with US$11 billion invested (1)
• Critical infrastructure with exclusive strategic location
2
.
• Utility-like business model with stable, growing cash flows
.
• Resilient macro fundamentals and robust natural gas sector
dynamics
•
Alignment between fundamental demand and policy
Southeast Gateway pipeline (SGP) expected to deliver a 7x build.
multiple
Mexico gas
demand
35% +
2030
U.S. imports
to Mexico
45% +
2030
Operating
6
5
1 2 3 4
1.
2.
Topolobampo
Mazatlán
Guadalajara
8
3
9
4.
Sur de Texas
12
10
11
562
5.
Tamazunchale
6.
VdR North
7.
Tula East
8.
Mechanically complete
VdR Lateral
•
Placed VdR North and Tula East into service; completed VdR lateral
Under construction
Under evaluation
9.
VdR South
12. Tula Central
10. Tula West
11. Southeast Gateway
(1) Inclusive of sanctioned capital, including Southeast Gateway Pipeline (SGP)
Source: TC Energy estimate derived from the Mexican government's public sources
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