Alberta Indigenous Opportunities Corporation Announces Close of Northern Courier Pipeline System Deal
CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership (Astisiy), comprised of Suncor Energy and the eight Indigenous Communities, the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS).
- CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership (Astisiy), comprised of Suncor Energy and the eight Indigenous Communities, the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS).
- This deal really encapsulates our mandate to facilitate investments by Indigenous communities and advance their role as true partners in Albertas natural resource economy.
- We look forward to seeing each of the communities involved in todays deal flourish and grow in the years to come.
- These own-source revenue streams will help bring prosperity and equity to each Indigenous Community involved in todays exciting announcement.