04:39 PM EDT, 06/25/2024 (MT Newswires) -- Pembina Pipeline ( PBA ) and the Haisla Nation said Tuesday that they have reached a final investment decision on the proposed $4 billion Cedar liquefied natural gas project in Canada.

The Cedar LNG project is expected to be in service in late 2028, they said.

The project's 60% costs will be funded by asset-level debt financing, while the remaining costs will be financed through equity commitments from both partners.