TC Energy Corp. and Natural Law Energy (NLE) have signed a definitive agreement allowing NLE to invest up to $1 billion in the Keystone XL pipeline project that spans from Canada to Nebraska.
The agreement follows on the heels of a memorandum of understanding that the companies signed in October, allowing NLE to pursue an equity interest in the Keystone XL project and other potential related midstream and power projects. At that time, the elected leaders of five First Nations in Alberta and Saskatchewan were said to be in support of the pipeline project.
“This represents our first investment in Canada’s energy infrastructure and we are excited to partner with TC Energy as together[;] we will ensure that the pipeline is held to the highest levels of environmental and social responsibility,” said chief Alvin Francis, president of Natural Law Energy and chief of Nekaneet F