TC Energy's C$1 bln pipeline stake sale to Canada's Indigenous communities delayed

TC Energy says $1B sale of minority stake in pipeline to Indigenous groups is delayed

The deal was backed by the Alberta Indigenous Opportunities Corp. and negotiated by a consortium committee representing Indigenous communities

TC Energy's sale of stake in pipeline to Indigenous groups delayed

TC Energy Corp. says a deal to sell a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities has been delayed.

TC Energy's C$1 bln pipeline stake sale to Canada's Indigenous communities delayed

TC Energy's C$1 billion ($736.92 million) deal to sell a minority stake in its Canadian natural gas pipeline system to a consortium of Indigenous communities has been delayed due to a transaction structuring issue, the company said on Tuesday.

Pipeline minority stake's sale to Indigenous groups delayed, TC Energy says

The $1-billion deal will enable 72 Indigenous communities to take a 5.34% stake in its Nova Gas transmission system and Foothills pipelines.

TC Energy says deal to sell minority stake in pipeline to Indigenous groups is delayed

The Calgary-based pipeline company says the deal is delayed ‘due to an identified transaction structuring issue within the NGTL partnership’

TC Energy says sale of minority stake in pipeline to Indigenous groups is delayed - The Turtle Island News

The Canadian Press  10/09/2024 14:12 A deal that was billed as Canada’s largest-ever Indigenous equity ownership agreement has hit a snag. TC Energy Corp. said Tuesday the $1-billion agreement, announced in July, that would see it sell a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities has been delayed. The deal is meant to enable 72 communities to take a 5.34 per cent stake in the…