Mexico City, 30 September 2026 – Global law firm Hogan Lovells Cadwalader has advised TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) as it enters into an agreement to sell Energía Occidente de México (EOM), the entity that owns the Guadalajara-Manzanillo Pipeline, to affiliates of ESENTIA Energy Development, S.A.B. de C.V. (ESENTIA) for a gross purchase price of US$400 million.
The Guadalajara-Manzanillo Pipeline transports up to 500 MMcf/d of natural gas, connecting imported LNG supply near Manzanillo and continental gas supply near Guadalajara to power plants and industrial customers in the states of Colima and Jalisco.
More information on the transaction can be found here.
The deal team was led by partners Miguel Ángel Mateo Simón and Carlos Ramos Miranda (both IERP, Mexico City). Additional support was provided by partners Jaime Espinosa de los Monteros (Tax, Pensions & Benefits, Monterrey), Ricardo Pons Mestre (Antitrust), Mary Carmen Fuertes (Mexico City, Employment), Greg Hill (M&A, Houston), Jim Davidson (Securities & Public Company Advisory, Houston), senior associate Josh Ling (M&A, Houston), counsel Perla Diaz (Mexico City, IERP), and Andrea López de la Campa (M&A, Mexico City).
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