Enbridge in US$14bn deal to acquire three US gas utilities
Transaction will create North America's largest natural gas utility business.
Source: naturalgasworld.com
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Enbridge successfully raises $4-billion in stock sale to fund acquisition of U.S. companies
The Canadian energy infrastructure company won strong shareholder support for its planned US$9.4-billion acquisition of three U.S. natural gas pipeline companies
Source: theglobeandmail.com
Canada's Enbridge bets big on natural gas in USD14B deal
MONTREAL (AFP) – Canadian pipeline giant Enbridge announced on Tuesday that it is buying three utilities from United States (US)-based Dominion Energy in a USD14 billion deal that will make it North America’s largest natural gas supplier. Enbridge, which operates the world’s longest petroleum pipeline system, said it is doubling its gas distribution business with […]
Source: borneobulletin.com.bn
Enbridge Launches Bid to be NAM's Largest Gas Utility with $14B M&A
Enbridge said it would buy multiple companies from Dominion Energy that will forge the company in North America’s largest gas utility, ultimately delivering more than 9 Bcf/d of gas to approximately 7 million customers.
Source: hartenergy.com
Why Enbridge Stock Is Falling Today | The Motley Fool
The energy company is making a big bet on natural gas utilities.
Source: fool.com