Alberta Indigenous Opportunities Corporation Provides up to $40 Million Guarantee to Support Eight Indigenous Communities in Financing of Northern Courier Pipeline System The loan guarante...
Suncor Energy Inc. (SU)
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Source: Acquire Media Monitor
CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) — Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that it has provided up to a $40 Million loan guarantee to support eight Indigenous Communities in the Wood Buffalo Region, to finance a 14.25 per cent ownership interest in the Northern Courier Pipeline System (NCP System) including the Pipeline and associated storage facilities. The participating Indigenous Communities are Athabasca Chipewyan First Nation, Chipewyan Prairie First Nation, Fort McMurray First Nation, Fort Chipewyan Metis Local 125, Fort McKay Metis Nation, Fort McMurray Local Council 1935, Willow Lake Metis Nation and Conklin Metis Local 193. The NCP System consists of 90 kilometers of bitumen and diluent pipeline connecting the Fort Hills Oil Sands project in Northern Alberta with Suncor's facilities in Fort McMurray. Originally constructed by TransCanada Pipeline Limited (TCPL) in January of 2018, TCPL will transfer ownership of the NCP sys
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News
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- Higher oil doesn't shake industry talk on spending discipline at CAPP conference [BNN Bloomberg (Canada)]BNN Bloomberg
- Higher oil doesn't shake industry talk on spending discipline at CAPP conference [Financial Post (Toronto, Ontario, Canada)]Financial Post
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Earnings
- 2/21/24 - Beat
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Sec Filings
- 3/27/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/22/24 - Form 40-F
- SU's page on the SEC website