The Globe and Mail reports in its Wednesday edition that TC Energy has closed a deal that gives five first nations an economic interest in the Coastal GasLink pipeline, which brings natural gas from northeastern British Columbia to the LNG Canada plant and export terminal in Kitimat, B.C. A Canadian Press dispatch to The Globe says financial terms were not released. Under the agreement with the FN CGL Pipeline Ltd. Partnership, the first nations have obtained an economic interest in the entity that holds TC Energy's limited partner interest in Coastal GasLink. Its members include the Haisla Nation, Halfway River First Nation, McLeod Lake Indian Band, Saulteau First Nations and West Moberly First Nations. TC Energy operates Coastal GasLink and has a 35-per-cent interest in the pipeline, with KKR & Co. and Alberta Investment Management Corp. holding the rest on behalf of certain clients. Tuesday's deal is the first of two planned indigenous investment transactions related to Coastal GasLink. TC Energy says a second transaction with another first nations entity is expected to close in the fourth quarter of this year. The company recently announced plans to double the existing capacity of the 670-kilometre pipeline.