Tidewater Midstream and Infrastructure Ltd. announces agreement to sell Pioneer Pipeline

摘要

Tidewater Midstream and Infrastructure Ltd. (Tidewater or the Corporation) has announced that, with its partner TransAlta Corporation (TransAlta), it has entered into a definitive Purchase and Sale Agreement with respect to the previously announced sale of the Pioneer Pipeline to NOVA Gas Transmission Ltd., a wholly-owned subsidiary of TC Energy, for total cash consideration of CAN$255 million (the Pioneer Transaction).