Boughton Law jointly represents 23 Indigenous Communities on $1.1 billion acquisition

Boughton Law jointly represented 23 Alberta-based indigenous communities in their acquisition, for $1.1 billion, of an 11.57% equity interest in seven Enbridge-operated pipelines in the Athabasca region. This acquisition is the single largest indigenous energy transaction in North America. The pipeline assets are underpinned by long-term contracts and highly-predictable cash flows.

Athabasca Indigenous Investments Limited Partnership (Aii) is the special purpose partnership which, through a subsidiary, holds the 11.57% equity interest in the seven pipelines.

The indigenous communities which hold the equity of Aii are:


Beaver Lake Cree Nation Cold Lake First Nations Frog Lake First Nation
Heart Lake First Nation Kehewin Cree Nation Onion Lake Cree Nation
Saddle Lake Cree Nation Whitefish Lake First Nation (Goodfish) Athabasca Chipewyan First Nation
Chipewyan Prairie First Nation Fort McKay First Nation Fort McMurray #468 First Nation
Mikisew Cree First Nation Buffalo Lake Métis Settlement Elizabeth Métis Settlement
Fishing Lake Métis Settlement Kikino Métis Settlement Fort McKay Métis Nation
Chard Métis Nation Willow Lake Métis Nation Conklin Métis Local 193
Fort Chipewyan Métis Local 125 Fort McMurray Métis Local 1935


The team at Boughton Law included Philip Barton, Donya Vahidi, and Susan Do.