TC Energy announced on 21 September 2026 that it will sell Energía Occidente de México, which owns the Guadalajara–Manzanillo pipeline, to affiliates of ESENTIA for about US$400m.
Market context
The pipeline serves power plants and industry in Jalisco and Colima and connects to the LNG Manzanillo import terminal. After the sale TC Energy will still run about 3,300km of Mexican gas pipelines; ESENTIA plans to fund the deal from liquidity and existing credit lines.
“optionality to redeploy proceeds from a mature asset towards high-value growth opportunities across our North American footprint”
