04
Jul
2018
Posted by: In: Alberta Oil, Alberta oil and gas, Alliance Pipeline, Brookfield, Brookfield Infrastructure, Enbridge, Enbridge Brookfield, Enbridge Inc, Enbridge natural gas sale, LNG, Money, Natural Gas, Oil and Gas, Westcoast transmission system

Enbridge to sell natural gas processing business to Brookfield for $4.31B

A $4.31-billion deal to sell Western Canadian natural gas processing plants and gathering pipelines is expected to advance Enbridge Inc.’s strategic makeover and pay down debt while funding ambitious growth plans. News of the sale to a partnership led by Brookfield Infrastructure on Wednesday followed word last week that Enbridge’s biggest…