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TC Energy Closes Agreement With Five First Nations for Economic Interest in Coastal GasLink

TC Energy Closes Agreement With Five First Nations for Economic Interest in Coastal GasLink

MT newswireMT newswire2026/10/13 11:58
07:58 AM EDT, 10/13/2026 (MT Newswires) -- TC Energy (TRP.TO, TRP) said Tuesday it closed an agreement with FN CGL Pipeline Limited Partnership, an Indigenous-led investment entity representing five First Nations along the Coastal GasLink pipeline corridor. Under the agreement, Haisla Nation, Halfway River First Nation, McLeod Lake Indian Band, Saulteau First Nations and West Moberly First Nations will acquire an economic interest in the entity holding TC Energy's limited partner interest in Coastal GasLink. The company said the participating First Nations are expected to receive long-term, predictable financial returns associated with its limited partner interest in the pipeline.
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