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Enbridge Income Fund Completes $1.76 Billion Pipeline Acquisition

Enbridge Income Fund Holdings Inc. Enbridge Inc.
AnnouncedSep 22, 2014
TypeAsset
Announced Date
September 22,2014
Close Date
November 10,2014
Transaction Type
Asset




Snapshot
Location
Region
Canada

Country
Canada


Transaction Details:  Subscribe to see

Closing Announcement - November 10, 2014

Enbridge Income Fund Holdings Inc. and Enbridge Income Fund have announced the closing of the acquisition of the 50 percent interest in the U.S. segment of the Alliance Pipeline and the purchase of Class A Units which provide a defined cash flow stream from the Southern Lights Pipeline (collectively, the Assets) by indirect wholly-owned subsidiaries of the Fund for $1.76 billion (the Transaction) from indirect wholly-owned subsidiaries of Enbridge Inc. which was announced in the Company's news release dated September 22, 2014.

The Board of Directors of…

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