Enbridge Inc.

200, Fifth Avenue Place
425 - 1st Street S.W.
Calgary, AB
CA, T2P 3L8

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Agreement reached for Enbridge to acquire outstanding shares of Spectra Energy Partners

Agreement reached for Enbridge to acquire outstanding shares of Spectra Energy Partners

Enbridge Inc. on behalf of itself and certain of its wholly owned US subsidiaries and Spectra Energy Partners, LP  announced that they have entered into a definitive agreement under which Enbridge will acquire all of the outstanding public common units of SEP on the basis of 1.111 common shares of Enbridge for each common unit of SEP. The Agreed Exchange Ratio represents a 9.8% increase to the exchange ratio offered by Enbridge on May 17, 2018 of 1.0123 Enbridge common shares per SEP common unit. The transaction is valued at US $3.3 billion / CAN $4.3 billion based on the closing price of Enbridge's common shares on the New York Stock Exchange (NYSE) / Toronto Stock Exchange (TSX) on August 23, 2018. 

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Pipelines

Line 3 Replacement growing the economy while protecting environment

Line 3 Replacement growing the economy while protecting environment

Canada is a place where the environment and the economy go hand in hand. Providing a stable, effective regulatory regime to approve and oversee pipeline operations is integral to safeguarding the environment, while supporting projects in the national interest that create good jobs, strengthen and grow the middle class and help get Canada's resources to world markets will deliver economic benefits for all Canadians. 

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Enbridge announces $4.3 billion deal to sell gas assets

Enbridge announces $4.3 billion deal to sell gas assets

Enbridge Inc. has entered into definitive agreements to sell its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta (the G&P business) to Brookfield Infrastructure and its institutional partners for a cash purchase price of CAN $4.31 billion, subject to customary closing adjustments and receipt of regulatory approvals.  

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Pipelines

No likely impact to financial guidance through FERC revised policy statement: Enbridge

No likely impact to financial guidance through FERC revised policy statement: Enbridge

Enbridge does not expect a material impact to its previously disclosed financial guidance over the 2018-2020 horizon as a result of the Federal Energy Regulatory Commission (FERC) revised policy statement on interstate pipeline tax allowance recovery in Master Limited Partnerships (MLPs) nor from FERC's Notice of Proposed Rule-Making (NOPR).  

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