News/Press

Boughton Law jointly represents 5 Indigenous Communities on acquiring a 43% interest in the Access NGL Pipeline System

Boughton Law proudly represented 5 Alberta-based Indigenous Communities, through a newly formed partnership called Northern Lakeland Indigenous Alliance, in their acquisition of a 43% interest in the Access NGL Pipeline System, operated by Wolf Midstream Canada LP (Wolf Midstream). The pipeline system connects Wolf Midstream’s newly constructed, owned and operated NGL recovery facility near Mariana Lake to its NGL separation facility in Sturgeon County.

The financing was completed with non-recourse debt and included a loan guarantee of $103 million from the Alberta Indigenous Opportunities Corporation.

The five participating Indigenous Communities holding equity are:

 

Buffalo Lake Metis Settlement

Kikino Metis Settlement

Heart Lake First Nation

Whitefish Lake First Nation

Saddle Lake Cree Nation

 

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