IESO Issues Sanctions to TransCanada Energy Ltd.
October 19, 2023
The IESO, through its Market Assessment and Compliance Division (MACD), completed two investigations of TransCanada Energy Ltd. (TCE) and found multiple breaches of the market rules by: providing cost submissions that were not complete, correct or true; providing misleading information; and by not correcting information.
This investigation is resulting in cumulative penalties of $3.72 million. More information is available on the IESO's website.