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The election about nothing could become an opportunity for something
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Suncor Energy forms partnership with eight Indigenous communities in the Regional Municipality of Wood Buffalo to acquire an equity interest in the Northern Courier Pipeline
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Alberta Indigenous Opportunities Corporation Provides up to $40 Million Guarantee to Support Eight Indigenous Communities in Financing of Northern Courier Pipeline System The loan guarantee will support Indigenous Communities in the Wood Buffalo region take a significant equity interest in energy infrastructure within their traditional territories
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Suncor Energy forms partnership with eight Indigenous communities in the Regional Municipality of Wood Buffalo to acquire an equity interest in the Northern Courier Pipeline
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Frog Lake to receive $27 million loan guarantee towards ownership of the Lindbergh Cogeneration Facility
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Written by Dan Soul, MyLloydminsterNow.com
The Frog Lake First Nation is receiving a $27 million loan guarantee towards sustaining their ownership of the Lindbergh Cogeneration Facility.
The loan guarantee will come from the Alberta Indigenous Opportunities Corporation, and will go towards the cost of ownership of the Lindbergh cogeneration facility at Strathcona Resource Ltd.’s Lindbergh Steam-Assisted Gravity Drainage operation.
The AIOC says this program, in place for the next 15 years, supports the long-term, sustainable business partnership between Frog Lake and Strathcona, avoiding any divestment of Frog Lake’s 100 percent ownership stake.