Newspaper article The Canadian Press

TransCanada Hires RBC to Help Sell Up to 75% Stake in Coastal GasLink Pipeline

Newspaper article The Canadian Press

TransCanada Hires RBC to Help Sell Up to 75% Stake in Coastal GasLink Pipeline

Article excerpt

TransCanada hires RBC to sell GasLink stake

--

CALGARY - TransCanada Corp. says it has hired RBC to help it sell as much as a 75 per cent stake in the Coastal GasLink pipeline project designed to supply natural gas from northeastern B.C. to the LNG Canada facility on the West Coast at Kitimat.

The Calgary-based company says it is following through with its intention announced in November to eventually reduce its interest in the 670-kilometre, 48-inch diameter natural gas pipeline project to between 25 and 49 per cent.

The RBC news is contained in a 16-page response by TransCanada to a challenge now being heard by the National Energy Board over the jurisdiction of the B.C. provincial regulator of the pipeline.

B.C. resident Mike Sawyer argues that because TransCanada will operate the pipeline and the connected Nova Gas Transmission Ltd. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.