Enbridge (ENB) to Divest Natural Gas G&P Units, Raise $4.3B
Enbridge Inc ENB is expected to raise $4.31 billion from the divestiture of its Canadian natural gas gathering and processing (G&P) business to Brookfield Infrastructure Partners LP BIP . The assets include G&P units in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta. The G&P units have a total operating capacity of 3.3 billion cubic feet per day (Bcf/d) and 3,550 kilometer of natural gas gathering pipelines. […]