Crossroads Pipeline Notice 25978023

TSP Name

Crossroads Pipeline Company LLC

TSP

808593164

Date

Time

Notice ID

25978023

Notice Type Description: TSP Capacity Offering
Notice Stat Desc: Initiate
Prior Notice:
Critical: Y
Reqrd Rsp Desc: No Response Required

Post
Notice Effective
Notice End

Response

02/09/26
02/09/26
03/09/26



10:29:10 AM
12:00:00 AM
12:00:00 AM



Subject: Crossroads Expansion Project Non Binding Open Season #20260209

Author: Diana Roberts

Notice Text

Crossroads Expansion Project                                                Non-Binding Open SeasonFebruary 9, 2026 through March 20, 2026Providing strategic supply access to support growing power generation and data center development in Midwestern markets by leveraging TC Energy’s existing regional footprint on its Crossroads Pipeline Company, LLC (“XRDS”) system.Notice of Non-Binding Open SeasonXRDS is pleased to announce this non-binding open season for its potential Crossroads Expansion Project that, if constructed, is anticipated to link multiple supply options to the growing markets in Northern Indiana, Illinois, Iowa, and South Dakota.  The non-binding open season will commence at 11:00 AM CST on February 9, 2026 and close at 12:00 PM CDT on March 20, 2026 (“Open Season”).Overview   In response to recently announced power generation and data center developments in the Midwest, XRDS is announcing this Open Season to gauge market interest in a potential project to provide incremental firm transportation service through an expansion of XRDS’ existing system, as well as extending to additional off system receipt and delivery points through capacity acquired on ANR Pipeline (“ANR”) and/or Northern Border Pipeline (“NBPL”).  XRDS is soliciting interest for the Project (defined below), which, if constructed, is anticipated to provide firm transportation service pursuant to XRDS FT-1 rate schedule. This firm transportation service is expected to combine receipts from ANR Southeast Mainline (incl. Rockies Express Pipeline), Rover Pipeline, Panhandle, Columbia Gas Transmission, and Trunkline with deliveries into the ANR Joliet Hub Area, NBPL, and the Northern Indiana area through looping of its existing system, extensions of its system to new markets, horsepower and/or service agreements or capacity lease arrangements with third party pipelines (collectively, the “Project”).  The Project’s estimated capacity is up to 1,500,000 Dth per day but XRDS may be able to accommodate more volumes based on certain receipt to delivery point combinations and market support.  XRDS reserves the right to adjust the Project’s size and scope based on market response.  The estimated in-service date for the Project, if constructed, is anticipated to be as early as November 1, 2030.
 Foundation Shipper Status  Shippers who bid for, are awarded capacity if any, and execute a Project precedent agreement for a minimum capacity of 500,000 Dth per day and a minimum term of twenty (20) years shall receive foundation shipper status. Foundation shippers may enjoy benefits such as contract extension rights, limited capacity proration exposure within its shipper classification, foundation shipper cost sharing terms, foundation shipper negotiated fixed rates and other benefits on a not-unduly discriminatory basis. Anchor Shipper Status  Shippers who bid for, are awarded capacity if any, and execute a Project precedent agreement for a minimum capacity of 135,000 Dth per day and a minimum term of twenty (20) years shall receive anchor shipper status. Anchor shippers may enjoy benefits such as Anchor shipper contract extension rights, limited capacity proration exposure within its shipper classification, anchor shipper cost sharing terms, anchor shipper negotiated fixed rates and other benefits on a not-unduly discriminatory basis. Project Timing If XRDS receives sufficient market support and the Project remains economically viable to XRDS in its sole discretion, the Project is anticipated to be available for commercial service as early as November 1, 2030, subject to timing of precedent agreement(s) execution, regulatory approvals and permits, and which is the earliest date that will be considered for the purpose of net present value (“NPV”) calculations.  Contract Term  The minimum required contract term is twenty (20) years, and XRDS reserves the right to reject any bids that include a contract term of less than twenty (20) years.  Length of Open Season  This Open Season will commence at 11:00 AM CST on February 9, 2026 and close at 12:00 PM CDT on March 20, 2026. Participation in the Open Season To participate in this Open Season, interested parties desiring firm transportation capacity in the Project shall complete an Open Season Request Form (attached), with specific attention to the primary term of service, service commencement date, firm capacity requested, rate for service (as set forth herein) and desired receipt and delivery point combination prior to 12:00 PM CDT on March 20, 2026.After the close of this Open Season, XRDS will follow-up with interested parties submitting a bid to determine next steps with respect to allocation of Project capacity and execution of binding precedent agreements for further development of the Project. XRDS reserves the right to immediately negotiate and enter into binding precedent agreements with parties that participate in this Open Season and may or may not elect to hold any further open seasons related to the Project, including any binding open seasons.  Priority will be given to those shippers’ bids with the highest overall economic value to the Project, as determined by XRDS on a non-discriminatory basis.  It is anticipated that binding precedent agreements will be executed with interested parties on or before May 31, 2026. Supply and Points of Receipt The Project is expected to offer primary firm receipts, on XRDS’ system or through third-party capacity agreements, from the following areas:·         ANR Southeast Mainline (including REX Shelbyville)·         New point of receipt with Rover Pipeline around Defiance, OH·         LaPaz (interconnection with Trunkline)·         Cygnet (interconnection with Columbia Gas Transmission)·         Defiance (interconnect with Panhandle)XRDS may also consider other mutually agreeable receipt locations.  For the avoidance of doubt, all upstream interconnection costs (including, but not limited to, any necessary third-party compression required to get into XRDS’ proposed high pressure expanded pipeline) are the sole responsibility (financially or otherwise) of the shipper.Market and Points of Delivery The Project is expected to offer primary firm deliveries, on XRDS’ system or through third-party capacity agreements, to the following delivery points:·         All existing and new delivery points on XRDS system·         ANR Joliet Hub Area·         Delivery points on NBPL between Illinois and South DakotaProject Rate Ultimate Project recourse rate(s) will be a function of the final Project facilities, binding precedent agreements, receipt to delivery transportation paths and subscription levels.  XRDS reserves the right to have different rates for different paths on its existing system and off-system through third party transportation arrangements, including capacity leases.  XRDS currently estimates that the Project indicative recourse rates will be the following: ·         Deliveries XRDS existing pipeline path: $0.50 to $0.60 per dth; pluso   Additional rate for deliveries on NBPL: $0.20 to $0.50 per dth; and/oro   Additional rate for receipts on ANR: $0.25 to $0.35 per dth Any negotiated rates will be determined upon a final Project scope and may vary among shippers, on a not unduly discriminatory basis, including but not limited to such factors as actual points of receipt and delivery.  Commodity, Fuel and Surcharges In addition to the Project Rate, Project shippers will pay the maximum applicable fuel retainage, commodity rate, demand surcharges and commodity surcharges, including but not limited to all governmental surcharges and any charges associated with mandated compliance with new or revised regulations or legislation (i.e. environmental and safety), under Rate Schedule FT-1 in the Tariff, as well as the same on NBPL and ANR for any transportation paths extending to such pipelines.    Credit Requirements Prospective shippers shall be subject to the creditworthiness requirements of the Project precedent agreement. Project Construction Risk Cost Sharing XRDS anticipates that precedent agreements executed by winning bidders will include a limited construction cost overrun/savings sharing mechanism. Evaluation Criteria of Shipper Requests All bids received, and not withdrawn, at the close of this Open Season may be considered for initial awarding, subject to execution of binding precedent agreements. XRDS will evaluate individual bids based on the total impact on and optimization of Project economics and/or operational viability as determined by XRDS in its sole discretion on a not unduly discriminatory basis.  XRDS reserves the right to reject and remove from consideration non-conforming bids, bids that have a delayed in-service requirement or other contingencies, bids that require a contract with a partial-year term, or fail to meet the minimum terms set forth above with regards to rate, contract term, or any other economic criteria which could adversely affect the optimization of the economics or operational viability of the Project.  XRDS reserves the right to define and maintain the economic viability of the Project at all times in its sole discretion, and XRDS retains the right to enter into negotiations during this Open Season with those parties who express interest in the Project. After evaluating all valid acceptable bids, XRDS may determine, in its sole discretion, to initially award Project capacity as follows:·         Capacity awards will be made first to bidders who qualify as foundation shippers·         Capacity awards will be made second to bidders who qualify as anchor shippers·         If capacity remains after awarding to foundation  and anchor shippers, then any remaining capacity will be awarded to acceptable bid(s) providing the next highest NPV, with the awarded capacity pro-rated in the event the requested capacity exceeds remaining available capacity.  If the NPVs of separate bids are equal, then available capacity will be allocated pro-rata based on the capacity bid.  The process will be repeated until no additional valid acceptable bid remains without an associated award, or the entire anticipated Project capacity has been awarded.Interested parties are responsible for securing their own transportation arrangements on pipelines upstream and downstream of the designated receipt and delivery points. These procedures and the attached Request Form are provided solely to enable interested parties to participate and attempt to obtain capacity in the proposed Project.  XRDS’ decision to proceed with the proposed Project is subject to receiving a level of binding precedent agreements, that in its sole discretion, XRDS determines to be acceptableMoreover, XRDS explicitly reserves the right to (1) conduct additional open seasons/reverse open seasons; (2) determine or re-determine the size, scope, and cost of the Project; (3) clarify bids; and/or (4) reject or accept bids and/or material it receives after the close of this Open Season on a not unduly discriminatory basis. Solicitation of Turnback Capacity Existing shippers who currently hold firm transportation capacity on the XRDS system and who believe such capacity could be used in lieu of a portion(s) of the proposed Project are invited to notify XRDS, through the attached Request Form, of their desire to permanently relinquish their capacity for use in the Project. Such turnback requests must be received by XRDS by the close of this Open Season. This solicitation of turnback capacity is not binding on XRDS.  Turnback requests are subject to rejection or proration by XRDS on a not unduly discriminatory basis for any reason, including but not limited to XRDS’ evaluation of the results of this Open Season, and/or their failure to be compatible, be economically accretive, or directly offset the Project’s incremental facilities that XRDS proposes to construct and/or modify to satisfy the Project’s capacity. Contact Information Interested parties should contact the following XRDS personnel to discuss any questions or to seek additional information about this Open Season:  Claire LangsethBusiness Development Representative832-320-5274 (office)346-679-6122 (cell)claire_langseth@tcenergy.com Diana RobertsCommercial Marketing East832-320-5454 (office)832-758-0900 (cell)diana_roberts@tcenergy.com For Creditworthiness Requirements:Roxanne MartinezBusiness Analyst Transportation Accounting & Contracts832-320-5418 (office)832-548-3290 (cell)roxanne_martinez@tcenergy.com
 Crossroads Expansion ProjectNon-Binding Open Season Request Form (Page 1)   Please return this Service Request Form by email on or before the dates listed below. Reverse Open Season                                       Project Open SeasonMarch 20, 2026 (before 12:00 PM CDT)          March 20, 2026 (before 12:00 PM CDT) To:   [ ] (Please include the phrase “Crossroads Expansion Project Request Form” in the subject line) Request for (Check One):  
Project Capacity                                  Turnback Capacity  Company:                                                                                                         Contact:                                                                                                                        Title:                                                                                                                             Address:                                                                                                                       Telephone:                                                       Fax:                                          Email:                                                                                                               Service Commencement Date (month/day/year):                                                 Contract Term:             years
Crossroads Expansion ProjectNon-Binding Open Season Request Form (Page 2)  Requested Firm Transportation Service Levels Please indicate the amount of capacity desired in terms of dekatherms (“Dth”) per day for each desired Primary Receipt Point and each desired Primary Delivery Point, as well as the applicable negotiated rate that would be of interest to bidder. For avoidance of doubt, if bidder is interested in the Project’s indicative recourse rates (to be finalized based upon Project’s final facilities cost and capacity commitments), then please indicate by filling in the words “Project Recourse Rate” in the last column of the table.   Primary Receipt Point or Meter Primary Delivery Point or MeterMaximum Daily QuantityRate (Daily Negotiated or Project Recourse)                                      __________________________________________Signature of an authorized representative of bidder           

Additionally, the following file(s) can be located on Informational Postings under Presentations
20260209 - Crossroads Expansion Non-Binding Open Season.pdf