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Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  T.TWM.DB | T.TWM.DB.A | T.TWM.WT | TWMIF

Tidewater Midstream and Infrastructure Ltd. is a diversified energy infrastructure company that is focused on natural gas processing, fractionation, liquids upgrading, storage and transportation, and marketing. The Company’s operations include downstream facilities, natural gas processing facilities, natural gas liquids infrastructure, pipelines, storage, and various renewable initiatives. Its midstream assets include the Brazeau River Complex and Fractionation Facility (BRC), a full-service natural gas and NGL processing facility with natural gas storage pools, and the Ram River Gas Plant, a sour natural gas processing facility with sulphur handling solutions and rail connections. The Company also markets crude, refined products, natural gas, natural gas liquids and renewable products and services to customers across North America.


TSX:TWM - Post by User

Comment by rustybladeson Mar 03, 2021 8:31am
163 Views
Post# 32702993

RE:Pipeline Sale

RE:Pipeline SaleFron TA's Annual report news release this morning

"Together with our partner, Tidewater Midstream & Infrastructure Ltd., entered into a Purchase and Sale Agreement with ATCO Gas and Pipelines Ltd. ("ATCO") to sell the Pioneer Pipeline for a purchase price of $255 million ($127.5 million net to TransAlta). This agreement replaces the Company's previous agreement from second quarter 2020, to sell its interest in the Pioneer Pipeline to NOVA Gas Transmission Ltd. ("NGTL")"
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