.
MergerLinks Header Logo

New Deal


Announced

Completed

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

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Domestic

Single Bidder

Friendly

Acquisition

gas pipeline

Pipelines

Canada

Completed

Private

Infrastructure

Majority

Synopsis

Edit

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.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US