Skip to content

$250 Million Loan Guarantee

Location

Athabasca Region

Date Completed

September 2022

Indigenous Partners

Athabasca Chipewyan First Nation

Chipewyan Prairie First Nation

Kehewin Cree Nation

Onion Lake Cree Nation

Saddle Lake Cree Nation

Whitefish (Goodfish) Lake First Nation

Fort McMurray First Nation

Mikisew Cree First Nation

Beaver Lake Cree Nation

Cold Lake First Nation

Frog Lake First Nation

Fort McKay First Nation

Heart Lake First Nation

Buffalo Lake Metis Settlement

Elizabeth Lake Metis Settlement

Fishing Lake Metis Settlement

Kikino Metis Settlement

Fort McKay Metis Nation

Chard Metis Nation Local #218

Conklin Resource Development Advisory Committee Local #193

Fort Chipewyan Metis Local #125

Fort McMurray Metis Local #1935

Willow Lake Metis Nation

Corporate Partners

Enbridge

11.57% ownership interest in a portfolio of seven liquids pipelines carrying 1.7 million bbl/d, or 45% of total supply, from the Athabasca region to terminals in Edmonton and Hardisty.

Press Release

"On behalf of the Indigenous partners, we are proud to become equity owners in these high-quality assets which contribute to North American energy supply and security. Our partner logo theme – Seven Pipelines, Seven Generations – speaks to the long-term value potential of these assets, which will help enhance quality of life in our communities for many years to come."

- Justin Bourque, President of Athabasca Indigenous Investments