CP NewsAlert: Enbridge sells stake in Westcoast pipeline to First Nations group

News Room
By News Room 0 Min Read

CALGARY – Enbridge Inc. has signed a deal to sell a minority stake in its Westcoast natural gas pipeline system to a group of 36 First Nations in B.C.

Under the agreement, the Stonlasec8 Indigenous Alliance Limited Partnership will invest $715 million for a 12.5 per cent stake in the system.

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