10-09-2024 14:48 via calgary.ctvnews.ca

TC Energy's sale of stake in pipeline to Indigenous groups delayed

TC Energy Corp. says a deal to sell a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities has been delayed. The $1-billion agreement, announced in July, is meant to enable 72 Indigenous communities to take a 5.34 per cent stake in its Nova Gas transmission system and Foothills pipeline assets — comprising a combined 25,000-kilometre network of natural gas infrastructure. The Calgary-based pipeline company says the deal is delaye
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