KKR, Alberta Investment to buy majority stake in Canada's Coastal GasLink

[fishtank]

https://ca.finance.yahoo.com/news/kkr-alberta-investment-buy-majority-123050010.html

Going in the right direction :)

[Big Grey Wolf]

Interesting development, good to see pipeline and LNG Terminal still going ahead full bore and investment firms willing to risk their/our $$$ on project. Hope same happens to TMX pipeline.

[Selkirk]

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A few more details from BNN 🤠👉 https://www.bnnbloomberg.ca/aimco-ceo-has-eye-on-trans-mountain-after-gaslink-deal-1.1366943


Selkirk

[Purple Farmer]

I sure hope that this was based on fundamentals and not politics.

[Drewski Canuck]

Pipeline tolling agreements are guaranteed rates of return. Always have been, always will.

Only question is whether you want a locked in rate, similar to any other Utility Company, or do you want a better return in the market place.

That is why Utilities whine to the regulatory Board about how hard it is to make money, and they need a rate increase all the time.

Drewski