Vivek Warrier, Luke Morrison and Ashley White write in Daily Oil Bulletin on how over the past several years, the energy industry has witnessed a veritable surge of transactions in which Indigenous Communities (ICs) have acquired significant and meaningful ownership in infrastructure projects across the full spectrum of the energy value chain.
This paradigm shift towards co-ownership frameworks fosters the long-term alignment of interests and shared prosperity between energy industry project proponents (EIPPs) and ICs in Canada.
Vivek, Luke and Ashley look at key investment goals and priorities for ICs, what's involved in transaction structuring for ICs and EIPPs, and what's to come in this burgeoning area.