36 First Nations Receive First Federal Indigenous Loan Guarantee for $715M Equity Investment in Enbridge’s Westcoast Pipeline

36 First Nations Receive First Federal Indigenous Loan Guarantee for $715M Equity Investment in Enbridge’s Westcoast Pipeline

Congratulations to our client, Stonlasec8 Indigenous Alliance, for receiving the first Federal Indigenous Loan Guarantee (a loan guarantee of $400M) to support its acquisition of a 12.5% equity interest in Enbridge’s Westcoast natural gas pipeline system – a landmark Indigenous equity transaction by Stonlasec8 on behalf of 38 First Nations in British Columbia.  The transaction team from Boughton Law comprised of  Philip Barton, Donya Vahidi, Kar…