First Nations group takes 12.5% stake in Enbridge’s Westcoast pipeline system
May 16, 2025
Indigenous alliance to invest CAD$715 million in legacy gas infrastructure with help from federal loan guarantee
A coalition of 36 First Nations in British Columbia will acquire a 12.5% ownership stake in Enbridge Inc.’s Westcoast natural gas pipeline system through a CAD$715 million transaction. The agreement marks one of the largest Indigenous equity investments in Canadian energy infrastructure to date.
The Westcoast system, owned by Westcoast…
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