Article: TC PipeLines, LP Announces Northern Border Sale of Bison Pipeline Project.

CALGARY, ALBERTA, Sep 3, 2008 (Marketwire via COMTEX) -- TC PipeLines, LP (NASDAQ:TCLP) (the Partnership) today announced Northern Border Pipeline Company (Northern Border) has sold its wholly owned subsidiary, Bison Pipeline LLC, to TransCanada Pipeline USA Ltd. (TransCanada).

The assets of Bison Pipeline LLC include executed precedent agreements, as well as regulatory, environmental and engineering activities completed to date on the Bison Pipeline Project (Bison Project). Project subscription that is subject to certain conditions currently stands at 405 million cubic feet per day (MMcf/d). Northern Border will retain the executed downstream contracts by shippers on the ...

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