Enbridge to sell stake in Westcoast gas pipeline to indigenous groups in $511M deal

1 month ago 4
Three Pipeline Reflecting Blue Sky

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Enbridge (NYSE:ENB) said Thursday that Stonlasec8 Indigenous Alliance, a partnership representing 36 First Nations groups in British Columbia, agreed to acquire a 12.5% stake in the company's Westcoast natural gas pipeline system for C$715M (~US$511M).

The Westcoast system stretches over

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