Gibson Energy Announces Major Contract Extensions of 20 and 10 Years at Edmonton, Sanctioning of New Wink-to-Gateway Integration Project, and $150 Million of Growth Capital in 2026
View original at globenewswire.comGibson Energy Announces Major Contract Extensions of 20 and 10 Years at Edmonton, Sanctioning of New Wink-to-Gateway Integration Project, and $150 Million of Growth Capital in 2026 All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Dec…
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Gibson appreciates the continued trust customers place in them and is proud to support them as a reliable and long-term partner.
80% confidenceThe extension of these long-term, take-or-pay contracts at Edmonton speaks to the growing demand for our Infrastructure services and the essential role our assets play in supporting our customers.
80% confidenceGibson will remain focused on value creation and financial discipline, delivering within their target five-to-seven-times build multiple and ensuring funding approach remains aligned with Financial Principles.
80% confidenceThe 2026 capital budget, including the newly sanctioned Wink-to-Gateway project, advances Gibson's Infrastructure growth strategy and supports their compelling total return proposition.
80% confidenceThe Wink-to-Gateway project enhancements will support growing customer demand, ease capacity constraints, and increase access to supply for Gateway customers.
80% confidenceGibson remains fully funded and expects to operate well within its Financial Principles, supported by growing, stable Infrastructure cash flows in 2026.
80% confidence