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Stock impact report

Pembina Pipeline, Haisla Nation make FID on $4bn Cedar LNG Project [Yahoo! Finance]

Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA) 
Last pembina pipeline corp. ordinary shares (canada) earnings: 2/27 05:44 pm Check Earnings Report
US:NYSE Investor Relations: pembina.com/investor-centre
Company Research Source: Yahoo! Finance
The facility, with a planned capacity of 3.3mtpa, is set to commence operations by the end of 2028. The Haisla Nation holds a majority stake of 50.1% in the Cedar LNG project, with Pembina Pipeline owning the remaining 49.9%. Situated within the Haisla Nation's traditional territory, the FLNG facility aims to utilise renewable electricity from BC Hydro. Financing for the Cedar LNG project is expected to be sourced through asset-level debt, covering around 60% of the project's cost. Haisla Nation chief councillor Crystal Smith said: “Because of our Nation's determination and environmental leadership, Cedar LNG will make the most significant mark on economic reconciliation ever in our country. “With Cedar LNG, we have proven that Indigenous communities can successfully forge a path to economic independence and generational prosperity. We have created a model for how sustainable energy development should be done, with Indigenous nations as owners, balancing environmental inter Show less Read more
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