Enbridge Inc. and Enbridge Energy Partners, L.P. Close

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
161
Enbridge Inc. and Enbridge Energy Partners, L.P. Close Midcoast Gas Gathering and Processing Transaction

CALGARY, ALBERTA--(Marketwired - June 28, 2017) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge) and Enbridge Energy Partners, L.P. (NYSE:EEP) (EEP) today announced the closing of the sale of EEP's interest in the Midcoast Gas Gathering and Processing business to Enbridge Energy Company, Inc. (EECI), a subsidiary of Enbridge (the Midcoast Sale). The Midcoast Sale was previously announced as part of the conclusion and outcomes of the EEP strategic review . Following the closing of the Midcoast Sale, 100 percent of the Midcoast Gas Gathering and Processing business is now owned by Enbridge Inc. through EECI.

About Enbridge Inc.

Enbridge Inc. is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. The Company safely delivers an average of 2.8 million barrels of crude oil each day through its Mainline and Express Pipeline, and accounts for nearly 64% of U.S.-bound Canadian crude oil production, and moves approximately 20% of all natural gas consumed in the U.S. serving key supply basins and demand markets. The Company's regulated utilities serve approximately 3.5 million retail customers in Ontario, Quebec, New Brunswick and New York State. Enbridge also has a growing involvement in electricity infrastructure with interests in more than 2,500 MW of net renewable generating capacity, and an expanding offshore wind portfolio in Europe. The Company has ranked on the Global 100 Most Sustainable Corporations index for the past eight years; its common shares trade on the Toronto and New York stock exchanges under the symbol ENB.

Life takes energy and Enbridge exists to fuel people's quality of life. For more information, visit www.enbridge.com .

About Enbridge Energy Partners, L.P.

Enbridge Energy Partners, L.P. is a publicly traded master limited partnership that owns and operates the U.S. portion of the Enbridge Mainline System, which is the largest pipeline transporter of growing oil production from western Canada to refining centers and connected carriers in the United States. The Mainline System accounts for over 20 percent of total U.S. oil imports.

Media Enbridge Inc. Suzanne Wilton (403) 231-7385 or Toll Free: (888) 992-0997 Email: suzanne.wilton@enbridge.com Investment Community Enbridge Inc. Jonathan Gould Toll Free: (800) 481-2804 Email: investor.relations@enbridge.com Enbridge Energy Partners L.P. Michael Barnes Toll Free: (877) 496-8142 Email: michael.barnes@enbridge.com Enbridge Energy Partners L.P. Adam McKnight (403) 266-7922 or Toll Free: (800) 481-2804 Email: adam.mcknight@enbridge.com
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Flyers Fundraiser Supports Mental Health Advocacy in NJ and PA

Updated Category News Views 37

Blockbusters on Ice, Support Beyond the Rink Here's a twist for hockey fans out there: snagging tickets to catch the Philadelphia Flyers might pack more punch off the ice than on it. Why? Because, for every ticket you grab through Digital Elements Group's special link, $5 is pumped straight into the veins of mental health advocacy in New Jersey and Pennsylvania. Pretty...

Continue Reading
Immunofoco’s Lentiviral Strategy for Cancer Control

Updated Category News Views 25

Revolutionizing Cancer Treatment: Immunofoco's Approach In the battle against B-cell malignancies, the old ways of doing things sometimes just don’t cut it, folks. Enter Immunofoco. At the recent Society for Immunotherapy of Cancer (SITC) 2026 meeting, they laid some ambitious cards on the table with their in vivo T-cell engager (TCE) delivery strategy. Engineering...

Continue Reading
Day Out Snacks Brings Back Sold-Out Peppermint Bark

Updated Category News Views 141

Spicing Up the Holidays with a Best-Seller Return You've got to love when a brand nails it in the holiday treat department, and Day Out Snacks is playing a winning hand by bringing back their Peppermint Bark protein balls. Here we are again, one year after they flew off the shelves like Santa spotted on Christmas Eve. And let me tell you, this re-release has the potential...

Continue Reading
EASEL 360: Reinventing Comfort in Painting Tools

Updated Category News Views 5

Artists, listen up—particularly those who are tired of the usual rigmarole that comes with traditional easels. There's a fresh tool coming down the pike, and it's set to make your painting experience a whole lot friendlier. Meet the EASEL 360, a patent-pending innovation birthed by two inventive folks from Streetsboro, Ohio. No longer will you have to contort yourself...

Continue Reading
Ares Management Faces Fintech with $691B Assets

Updated Category News Views 117

Anticipation Builds: Ares Awaits TD Cowen Spotlight Ah, Ares Management, the Wall Street heavyweight clocking a colossal $691 billion in assets. Now, they’re angling to dish out some strategic insights. With the TD Cowen 2026 Financials & Fintech Conference set to roll on November 18, what’s better than watching these investment titans take the stage with their CFO...

Continue Reading
HitPaw's 2026 Black Friday Blitz: Up to 70% Savings

Updated Category News Views 88

HitPaw Edimakor Throws Down the Gauntlet Alright, hit the brakes and take a look at what HitPaw Edimakor's cookin' up this Black Friday. These folks have come swinging with a sale that's got the kind of numbers that make you do a double-take. They're laying out discounts up to 70% across their lineup of video editing and AI tools. Deals That Pack a Punch First up, they've...

Continue Reading
Eagle Bank Club Breathing New Life Into Historic Site

Updated Category News Views 59

Preserving History with Contemporary Flair Sometimes, a building is more than just bricks and mortar, it's the heart of a community's memories. Come spring 2027, Eagle Bank Club is set to throw open its doors, reviving the century-old tradition of gathering in a place that's been etched into the town's identity. Scott Slater and Todd Ketlinski aren't just opening another...

Continue Reading
Key Insights Await in Sectra's Six-Month Report

Updated Category News Views 75

Sometimes the anticipation of a financial report presentation feels akin to waiting for a storm to pass or the sun to finally break through after what seems like endless rain. That’s the kind of vibe we're getting from Sectra's upcoming six-month report presentation. Slated for November 25, President Torbjörn Kronander and CFO Jessica Holmquist will be stepping up to...

Continue Reading
Full Sail's Reach Expands with Film School Honor

Updated Category News Views 110

Full Sail's Cinematic Spotlight Moment Alright, folks, you're hearing it right: Full Sail University's caught the spotlight in TheWrap Magazine's annual who's-who of film schools for 2026. That's a pat on the back any educational institution would kill for, highlighting that Full Sail is playing with the big boys when it comes to film education. Beyond Classic Classroom...

Continue Reading
Kevlar® EXO™ Revolutionizes FIA Fuel Tank Standards

Updated Category News Views 237

A New Era in Motorsport Safety Arclin and Aero Tec Laboratories (ATL) are shaking up the motorsport world. Through their collaboration, they've achieved something that's been untouched for over 25 years—meeting the rigorous new FIA 8875-2025 standards. It's all thanks to Kevlar® EXO™, a cutting-edge material redefining what's possible in fuel tank safety. Breaking...

Continue Reading

Top 5 Most Recently Viewed Articles

AIS Healthcare Expands Support for Patients Amid Hurricane Recovery

Updated Category News Views 64

AIS Healthcare's Continued Commitment to Patient Care AIS Healthcare, known for its innovative targeted drug delivery (TDD) and infusion care solutions, is stepping up its support for physicians and patients impacted by recent hurricanes. The devastating effects of Hurricanes Helene and Milton have disrupted many communities in the Southeastern United States, and AIS...

Continue Reading
EVE Energy Launches Groundbreaking Open Source Battery Solutions

Updated Category News Views 426

EVE Energy's Exciting Introduction of Open Source Battery Solutions Eight innovative battery products aimed at enhancing commercial transportation. EVE Energy, a prominent global player in the lithium battery industry, held its first-ever Commercial Vehicle Battery Technology Day, showcasing transformative developments in battery technology for the commercial vehicle...

Continue Reading
Tonix Pharmaceuticals Implements 1-for-100 Stock Split Strategy

Updated Category News Views 388

Overview of the Reverse Stock Split by Tonix Pharmaceuticals Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP), a renowned biopharmaceutical company, has made a significant announcement regarding a 1-for-100 reverse stock split for its common stock. This strategic move is aimed at enhancing the trading value of its shares, which will take effect on the market as of the...

Continue Reading
Fangzhou Achieves National High-Tech Status Amid Innovation Surge

Updated Category News Views 435

Fangzhou Recognized as a 2024 National High-Tech Enterprise Beijing Fangyixing Information Technology Co., Ltd. has received the prestigious National High-Tech Enterprise certification for 2024. This endorsement highlights its innovative strides within the AI-driven healthcare sector. The recognition, awarded by key governmental bodies, is a testament to Fangyixing's...

Continue Reading
Innovative Hem Accessory Revolutionizes Clothing Alterations

Updated Category News Views 184

Transforming Clothing Alterations with Ease An innovative inventor has developed a new accessory designed specifically for hemming clothing items effortlessly. The HEM CLIP offers a swift and accessible solution, making it easier for individuals to achieve the desired length of their garments without needing a sewing machine or tailor. This product is ideal for anyone who...

Continue Reading