Energy Industry News

TC Energy's $5-billion asset sale another opportunity for Indigenous communities

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

There is growing precedent in the Canadian resource sector of Indigenous communities taking ownership equity in major projects. Read more.

project for an option agreement that could see the communities collectively acquire a 10 per cent stake in the $11.2-billion pipeline.Article content

TC Energy has not confirmed which assets could potentially be placed on the block as part of the asset sale, but CEO “We hope that governments will stand behind this vision by providing equity financing and loan guarantees so that we can work together to advance reconciliation with Indigenous communities.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 43. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TC Energy's $5-billion asset sale another opportunity for Indigenous communitiesThere is growing precedent in the Canadian resource sector of Indigenous communities taking ownership equity in major projects. Read more.
Source: financialpost - 🏆 7. / 85 Read more »