B.c. first nations to acquire an equity interest in enbridge's westcoast pipeline system

Chilliwack, british columbia, may 15, 2025 (globe newswire) -- stonlasec8 indigenous alliance limited partnership (stonlasec8), an indigenous-owned partnership representing 36 first nations in b.c, announced today it has entered into an agreement to invest approximately cad$715 million through a wholly-owned subsidiary to acquire a 12.5% interest in enbridge inc.'s westcoast natural gas pipeline system. the agreement is subject to completion of required financing, closing conditions and customary closing adjustments. the transaction is expected to close at the end of the second quarter of 2025.
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