South Bow says it will assess Prairie Connector financing plans after FID, leverage target reached sooner than expected
SOBO•South Bow says it will assess Prairie Connector financing plans after a final investment decision, after reaching its leverage target sooner than expected. It expects about $65 million in growth capital spending for Prairie Connector and Liberty Bridge pre-FID activities.
1. Project financing and spending
South Bow said it will assess Prairie Connector financing plans after a final investment decision and reached its leverage target sooner than expected. The company sees about $65 million in growth capital spending for Prairie Connector and Liberty Bridge pre-FID activities.
2. Production outlook
South Bow expects Western Canadian oil production growth to begin outpacing incremental pipeline additions in late 2027. It said the results of the U.S. midterm elections do not change its plans.
