Global Infrastructure SherpaScotiabank acts as lender for $1.1B financing of Coastal GasLink pipeline
USD1100B
Deal Value
construction
Stage
Coastal GasLink
Project
Coastal GasLink secured $1.1 billion in financing from a syndicate of banks, including Scotiabank, to fund the completion of its natural gas pipeline project in British Columbia.
Source Intelligence
KEY DETAILS
Coastal GasLink is a 670-kilometre (420 miles) natural gas pipeline
“
Deal Size
USD1100M
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Location
British Columbia, Canada
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Announcement
Apr 26, 2024
PARTIES MENTIONED IN SOURCE
S
Scotiabank
lender
"Scotiabank acts as lender"
C
Coastal GasLink
developer
"Coastal GasLink company"
T
TC Energy
developer
"It is owned and being developed by TC Energy."
high quality
Enriched Feb 19, 2026
Timeline
Announced
Apr 26, 2024
Signed
Closed
Counterparts (2)
1 of 1 Natural Gas Pipeline deals tracked this month · Updated daily