Alberta Indigenous Opportunities Corporation (AIOC) provided financial assistance to Athabasca Indigenous Investments, the corporate entity representing 23 Indigenous and Métis communities, in the $1.12 billion acquisition of a non-operating 11.57 percent interest in seven Enbridge-operated pipelines in northern Alberta. The landmark transaction represents the largest Indigenous energy partnership in North America to date.

Enbridge's financial and legal advisors were BMO Capital Markets and Torys LLP, respectively. Meanwhile, Athabasca Indigenous Investments enlisted RBC Capital Markets and Boughton Law for financial and legal counsel.

Stikeman Elliott advised Alberta Indigenous Opportunities Corporation (AIOC).