CALGARY, ALBERTA -- (Marketwire) -- 06/09/10 -- TransCanada Corporation (TSX: TRP), (NYSE: TRP) (TransCanada) today announced that its wholly-owned subsidiary NOVA Gas Transmission Ltd. (NGTL) has reached a three year settlement with shippers and other interested parties regarding the annual revenue requirement of its Alberta System for the years 2010 to 2012. The settlement sets the equity return at 9.7 per cent with a 40 per cent deemed common equity capital structure. In addition to cost of capital, the settlement encompasses all other elements of the Alberta System costs of service. This includes operating, maintenance and administration (OM&A), income taxes,
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