CGL FNLP completed the acquisition of Coastal Gaslink from TC Energy.

CGL FNLP completed the acquisition of Coastal Gaslink, a developer a natural gas pipeline, from TC Energy, an energy distributor. Financial terms were not disclosed. “We are proud to advance our relationships with the Indigenous communities across the route through equity ownership in Coastal GasLink. Together, as business partners, we have the opportunity to learn, grow and change the way energy is developed in Canada. This is one of the ways we can advance reconciliation,” Francois Poirier, , TC Energy President and Chief Executive Officer.