On June 21, 2019, Tidewater Midstream and Infrastructure Ltd (TSX: TWM) announced that it had completed the Pioneer Pipeline; a 50/50 joint venture with Transalta Corp (TSX: TA). The Pioneer project is significant for both companies, as it will transport natural gas from the TWM Brazeau River gas plant to TA’s electric generating units at Keephills and Sundance.
Disclaimer: Palos Funds are shareholders of TWM & TA.
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Issue 26- Tidewater is Moving Forward
On June 21, 2019, Tidewater Midstream and Infrastructure Ltd (TSX: TWM) announced that it had completed the Pioneer Pipeline; a 50/50 joint venture with Transalta Corp (TSX: TA). The Pioneer project is significant for both companies, as it will transport natural gas from the TWM Brazeau River gas plant to TA’s electric generating units at Keephills and Sundance.
Disclaimer: Palos Funds are shareholders of TWM & TA.
By Charles Marleau, CIM & Joany Pagé, CFA
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By Charles Marleau, CIM & Joany Pagé, CFA
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