Enbridge Inc. accepts investment from Stonlasec8 Indigenous Alliance Limited Partnership to acquire 12.5% stake in Westcoast natural gas pipeline system
Type: Investment · Technology: Oil Gas, Other · Country: Canada · Announced: 2025-05-15
Enbridge agreed that the Stonlasec8 Indigenous Alliance Limited Partnership will invest approximately CAD$715 million to acquire a 12.5% interest in Enbridge's Westcoast natural gas pipeline system, with a CAD$400 million loan guarantee from the Canada Indigenous Loan Guarantee Corporation supporting the transaction.
Counterparties
- Stonlasec8 Indigenous Alliance Limited Partnership (Investor)
- Canada Indigenous Loan Guarantee Corporation (Lender)
- Enbridge Inc (Seller)
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