Pension funds may be long-term buyers of Kinder pipeline: Reuters
Canada’s biggest public pension funds could be long-term buyers of Kinder Morgan Canada Ltd’s Trans Mountain pipeline but are unlikely to invest until the $7.4 billion project has been built, several sources told Reuters. Frank McKenna, Toronto-Dominion Bank’s deputy chairman, said he expected pension funds and private equity players to be interested in the asset as well as other pipeline or infrastructure players. “I think there will be a lot of private sector interest in this project once the political risk is taken out of it,” he said.
29 May 2018•2 mins read
