TransCanada continues to cultivate a high quality portfolio of future growth opportunities. Long-term contractual arrangements, along with our expertise in developing, building and operating large scale energy infrastructure gives us confidence these projects will deliver service to customers and long-term returns to shareholders. Consideration is given to new markets with good fundamentals where TransCanada has or can develop competitive strengths.
There is a continued focus on low-cost, baseload power assets as well as on power and natural gas storage assets supported by firm, long-term contracts with reputable counterparties. Projects in development or under construction include wind power generation in Quebec and Maine, power generation facilities in Ontario, Arizona; and electric transmission projects in Canada and the United States.
TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure.