Enbridge Eyes New Financial Partnership With Indigenous Communities
Enbridge(ENB) ZACKS·2024-10-22 14:35
Enbridge Inc. (ENB) , a leading energy infrastructure firm, is in talks with certain indigenous communities in Canada to sell a stake in some of its pipelines. The company aims to form a financial partnership with the indigenous communities, similar to a previous deal in which Enbridge sold a minority stake in seven of its Alberta oil pipelines to the communities for C$1.12 billion.ENB has invited the indigenous communities to a meeting on Nov. 20 to discuss the agreement in Edmonton, Alberta, according to ...