TC Energy Corp. is advancing $24 billion of commercially secured projects – mostly for natural gas capacity – as it charts a path to be the top energy infrastructure company in North America, “now and in the future,” said CEO François Poirier.

TC, which reports in Canadian dollars (C$1.00/U.S. 79 cents), has nearly $18.2 billion of projects in the queue for natural gas infrastructure, Poirier said during a fourth quarter and 2021 conference call. The gas projects are “reinforced by cost-of-service regulation and/or long-term, take-or-pay contracts.” About $4.4 billion is earmarked for power and storage projects, with $400 million to expand liquids pipelines. 

The growth plans follow a solid 2021, as “flows and utilization levels across many of our systems...