AIOC financial assistance to Athabasca Indigenous Investments

Stikeman Elliott advised Alberta Indigenous Opportunities Corporation (AIOC) in the provision of financial assistance to Athabasca Indigenous Investments, the corporate entity representing 23 Indigenous and Métis communities, in the $1.12 billion acquisition of a non-operating 11.57 percent interest in seven Enbridge-operated pipelines in northern Alberta. The landmark transaction represents the largest Indigenous energy partnership in North America to date.