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TransCanada hires adviser for sale of Coastal GasLink
Transcanada is consulting with RBC Capital Markets on the possible sale of up to 75% of its stake in the Coastal GasLink pipeline in British Columbia. A sale would share the load of building the C$6.2 billion ($4.7 billion) pipeline to feed the LNG Canada export facility and raise capital that could be used for other projects. The pipeline, with an initial capacity of 2.1 Bcf/d and an in-service target of 2023, is continuing......
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