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Client Work

Plains Midstream Canada announces concurrent sale and acquisition with Inter Pipeline

Fasken
Reading Time 1 minute read
Client

Plains Midstream Canada ULC

On September 28, 2020, Plains Midstream Canada ULC announced the concurrent sale of its Milk River Pipeline system to Inter Pipeline Ltd. (IPL) and acquisition from IPL of its ownership interests in the Empress II and Empress V straddle plants.

 

The transaction is expected to close in early 2021 following customary conditions.

 

Fasken advised Plains Mistream Canada with a team led by Ron Ezekiel which included Allison Sears, Andrew Dixon, Brendan Sawatsky, Darrell Wickstrom, Darren Reed, Gabriel Lam and Sarah Gingrich.