From GlobeNewswire: 2024-05-29 20:32:00

AltaGas and Vopak have announced a positive final investment decision on the Ridley Island Energy Export Facility, a large-scale LPG and bulk liquids terminal in British Columbia. The $1.35 billion project will come online near the end of 2026, with projected annual EBITDA of $185-215 million. The facility will enhance Canada’s role as a global energy exporter, with shipping advantages to Northeast Asia. The project has First Nations support and a focus on environmental stewardship and community benefits. Vopak will host an analysts’ presentation on the project’s financial details.



Read more at GlobeNewswire: AltaGas and Vopak reach positive final investment decision