trending Market Intelligence /marketintelligence/en/news-insights/trending/qxbrdfxa0huh5nw5kvnyeq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Enbridge affiliate to sell South Prairie liquids pipeline assets for C$1.08B

Medical IoT Technology in US Hospitals Helps to Reduce Costs and Improve Care

Internet Traffic Spikes By One Third In March

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak

Enbridge affiliate to sell South Prairie liquids pipeline assets for C$1.08B

An EnbridgeIncome Fund Holdings Inc. affiliate agreed to sell its liquidpipelines assets in the South Prairie region in Saskatchewan and Manitoba toTundra Energy Marketing Ltd. for C$1.08 billion.

The assets for sale are Enbridge's liquid pipelines andfacilities in southeast Saskatchewan and southwest Manitoba, including theSaskatchewan and Weyburn gathering systems and the Westspur trunkline,according to a Sept. 29 news release by Enbridge Inc. The transaction is expected to closearound year-end.

"The monetization of these non-core assets at anattractive valuation provides a low-cost funding source for the Enbridge groupand further supports Enbridge Inc.'s industry leading cash flow and dividendgrowth outlook from our secured organic growth platform," EnbridgeExecutive Vice President and CFO John Whelen said. "The transaction isaccretive to the Fund Group's available cash flow from operations on a per unitbasis."