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Industry West

TC Energy announces Canada's largest Indigenous equity agreement

The deal allows a consortium of Western Canadian First Nations to own part of TC's natural gas pipeline.

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Industry West
Aug 01, 2024
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TC Energy Corp. (TC Energy) announced July 30 that it has entered into an equity purchase agreement with a Indigenous partnership for a minority interest (5.34 per cent) in its NGTL System and the Foothills Pipeline assets for a gross purchase price of $1 billion.

TC Energy’s NGTL System compression station and pipeline right of way near Nordegg, Alta.
TC Energy’s NGTL System compressor station and pipeline right-of-way near Nordegg, Alta. Ph…

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