TC Energy, IEnova get credit for pipeline

TC Energy, IEnova get credit for pipeline

Loans Debt Mexico United States Energy Pipelines Gas

Infraestructura Marina del Golfo (IMG), a joint venture between Canada's TC Energy and Mexico's IEnova, has received a $1.56 billion credit line arranged by Citi and Scotiabank, sources confirmed to LatinFinance. IMG, which won a 25-year contract to operate the Sur de Texas-Tuxpan natural gas pipeline in 2016, will use the five-year credit facility "to refinance existing shareholder loans," said a source close to the deal. The Sur de Texas-Tuxpan pipeline runs 770km between the border city of Br

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial