Enbridge pipeline stake sold to Indigenous groups in B.C.

Thursday, May 15, 2025, 9:22 am

Enbridge Inc. is set to divest its stake in a British Columbia natural gas pipeline system by selling it to Indigenous communities. The landmark deal, backed by a substantial federal loan guarantee, marks a significant step toward empowering local groups in energy ventures and reshaping regional resource management.

globalnews.ca / Enbridge sells stake in Westcoast pipeline to First Nations group

A partnership of 36 B.C. First Nations has purchased a minority stake in the Westcoast natural gas pipeline system from Calgary-based Enbridge Inc.

calgaryherald.com / Enbridge to sell B.C. gas pipeline stake to Indigenous groups

Enbridge Inc. plans to sell a stake in a natural gas pipeline system in British Columbia to Indigenous communities in a deal that will be financially backed by Ottawa. The federal government will provide a $400-million loan guarantee to support a partnership of 36 First Nations in their purchase of…

financialpost.com / Enbridge to sell stake in B.C. pipeline to Indigenous groups

The group, known as the Stonlasec8 Indigenous Alliance Limited Partnership, is buying the stake for $715 million

permalink / 3 stories from sources in 8 hours ago #business #indigenous #pipelines #bc

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Business

Indigenous

Pipelines

British Columbia