Tidewater Midstream and Infrastructure and its partner TransAlta have agreed to sell the Pioneer Pipeline to NOVA Gas Transmission (NGTL), a fully-owned subsidiary of TC Energy, for CAD255 million ($187.37 million). The Pioneer Pipeline is a 20 inch, 120 kilometer-long pipeline that connects the Brazeau River Complex of Tidewater to TransAlta’s generating units at Keephills […]
NGTL acquisition of Pioneer Pipeline : NOVA Gas Transmission Limited (NGTL), a fully-owned subsidiary of TC Energy is set to acquire the Pioneer Pipeline, a 131km long natural gas pipeline in Alberta, Canada for CAD255 million ($183.45 million). In this connection, NGTL has signed a letter of intent with Tidewater Midstream and Infrastructure and TransAlta […]
Prince George Refinery sale : Husky Energy has agreed to sell its Prince George oil refinery in British Columbia, Canada to Tidewater Midstream and Infrastructure in a deal worth up to CAD 275 million. The consideration for the Prince George Refinery sale includes CAD 215 million in cash along with closing adjustment for inventory, and a […]