What is the latest status of the project “Cedar LNG Floating LNG Facility”?

The status recorded for “Cedar LNG Floating LNG Facility” is under construction.

What is the budget and commercial profile for the project “Cedar LNG Floating LNG Facility”?

Taiyo normalizes the budget of “Cedar LNG Floating LNG Facility” to USD 4465980000.

Where can I verify the source and access all details for “Cedar LNG Floating LNG Facility”?

This Taiyo project page references RBC along with the original URL (https://www.rbc.com/en/thought-leadership/indigenous/nations-building-assessing-indigenous-loan-guarantee-programs-in-canadas-new-project-wave-2/). Taiyo standardizes official data into a consistent, searchable project profile.

Cedar LNG Floating LNG Facility

Sector: Natural Gas • Location: Kitimat, British Columbia, Canada

Source: RBC

Project

Under Construction

Cedar LNG is a floating liquefied natural gas facility under construction near Kitimat, British Columbia, within the traditional territory of the Haisla Nation. The Haisla Nation holds a 50.1% majority equity stake, with Pembina Pipeline Corporation holding 49.9%. The project cost is approximately C$6 billion, financed through 60% asset-level debt and 40% equity. The Haisla Nation funded its 20% e

Status: Under Construction
Sector: Natural Gas, LNG, Power Generation (CCGT), Commercial
Location: Kitimat, British Columbia, Canada
Updated: 22 Jul 2026
Source: RBC

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Project Information

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The project “Cedar LNG Floating LNG Facility” is an infrastructure initiative in the Natural Gas sector, located in Kitimat, British Columbia, Canada. Taiyo aggregates data on it from RBC.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Cedar LNG is a floating liquefied natural gas facility under construction near Kitimat, British Columbia, within the traditional territory of the Haisla Nation. The Haisla Nation holds a 50.1% majority equity stake, with Pembina Pipeline Corporation holding 49.9%. The project cost is approximately C$6 billion, financed through 60% asset-level debt and 40% equity. The Haisla Nation funded its 20% equity contribution through the First Nations Finance Authority in 2026, including a sustainable bond issuance. The facility will be powered entirely by renewable electricity and operations are expected in late 2028.
Original sector	Energy
Budget

Location

Country	Canada
State	British Columbia
City	Kitimat

Source

Source	RBC
URL

More Details

Record type	Project
Sector	Natural Gas, LNG, Power Generation (CCGT), Commercial
Article published date	2026-05-02

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Cedar LNG Floating LNG Facility

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