Buckeye Partners L.P.HOUSTON and PORT HAWKESBURY, Nova Scotia, May 05, 2022 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) today announced it has entered into a definitive agreement to acquire Bear Head Energy, Inc., which owns a clean energy development project located in an industrial complex in Point Tupper, Nova Scotia, Canada (the “Bear Head Project” or the “Project”).
The Bear Head Project, previously developed as a liquified natural gas (LNG) import and export facility, is fully permitted, and the Project is unique in Eastern Canada with all of the project approvals and permits in place necessary for construction, placing it at a significant advantage for expeditious project development and execution.Located on 251 acres of land and a 68-acre water lot on the northeast bank of the Strait of Canso, the Project enjoys access to one of the northern-most,…
Buckeye Partners to Acquire Bear Head Clean Energy Development Project in Nova Scotia
