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TC Energy Completes Indigenous Investment Deal in Coastal GasLink
Five First Nations will gain an economic interest in Coastal GasLink, and TC Energy says a second Indigenous transaction is planned for later this year.
- On Tuesday, TC Energy announced the closing of an agreement with FN CGL Pipeline Limited Partnership, granting five First Nations an economic interest in the Coastal GasLink pipeline.
- The Haisla Nation, Halfway River First Nation, McLeod Lake Indian Band, Saulteau First Nations, and West Moberly First Nations joined the investment entity, building on more than a decade of partnership.
- TC Energy President and Chief Executive Officer François Poirier said, "This agreement turns years of partnership into long-term economic opportunity," providing communities with predictable financial returns.
- West Moberly First Nations Chief Roland Willson stated the framework recognizes the importance of financial certainty, supporting communities' ability to make decisions about their own economic future.
- This transaction is the first of two planned deals regarding Coastal GasLink, with a second investment involving additional Indigenous groups expected to close in the fourth quarter of 2026.
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21 Articles
21 Articles
Five First Nations acquire an interest in Coastal GasLink, prior to a second agreement at the end of 2026.
·Montreal, Canada
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Winnipeg Free Press+11 Reposted by 11 other sources
TC Energy completes Indigenous investment deal in Coastal GasLink
CALGARY - TC Energy Corp. says it has completed an investment deal that gives five First Nations an economic interest in the Coastal GasLink pipeline.
·Winnipeg, Canada
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Total News Sources21
Leaning Left11Leaning Right1Center7Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 37%
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