Toronto Stock Exchange (TSX) today welcomed Kinder Morgan Canada Limited (Kinder Morgan Canada) to Canada’s leading equities exchange with a market open ceremony in Toronto. The energy infrastructure company began trading on May 30, 2017 under the symbol TSX:KML.
“We are immensely proud that Kinder Morgan Canada has chosen to list on TSX as a means of funding their future success,” said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. “And as we mark the occasion of the third largest IPO in Toronto Stock Exchange history today, we remain steadfast in our commitment to continually improving the value proposition our markets present to all existing and prospective clients, both here in Canada and around the world.”
To celebrate the listing, Ian Anderson, President, Kinder Morgan Canada, joined Mr. Thadaney to open the market earlier this morning.
TSX and TSX Venture Exchange are home to 25 Utilities & Pipelines companies with a combined market capitalization of approximately $278 billion, as at April 30, 2017.
Kinder Morgan, Inc. is one of the largest infrastructure companies in North America. Kinder Morgan Canada will operate the business, comprised of a number of pipeline systems and terminal facilities, including the Trans Mountain pipeline, the Canadian portion of the Cochin pipeline, the Puget Sound and Trans Mountain Jet Fuel pipelines, the Westbridge marine and Vancouver Wharves terminals in B.C., as well as various crude oil loading facilities in Edmonton, Alberta.