TC Energy sells stake in pipeline system to Indigenous-led partnership for C$1bn

TC Energy sells stake in pipeline system to Indigenous-led partnership for C$1bn

TC Energy Corporation (TSX, NYSE: TRP) has announced a transformative sale, divesting a 5.34% equity stake in its NGTL System and Foothills Pipeline assets to an Indigenous-owned investment partnership for a whopping C$1 billion. This landmark deal, supported by the Alberta Indigenous Opportunities Corporation (AIOC), signifies a monumental shift in the involvement of Indigenous Communities […]