One-Page Deal Sheet
Enbridge Income Fund Sells Prairie Region Midstream Assets for C$1.075B
Tundra Energy Marketing Limited Enbridge Inc., Enbridge Income Fund Holdings Inc.
Announced Date
September 30,2016
Close Date
December 02,2016
Transaction Type
Asset
Transaction Details: Subscribe to see
Closing Announcement - December 2, 2016
Enbridge Inc. together with Enbridge Income Fund Holdings Inc. have has closed its previously announced sale of the Fund's South Prairie Region assets to Tundra Energy Marketing Limited for $1.075 billion in cash.
Initial Announcement - September 30, 2016Enbridge Income Fund Holdings has entered into an agreement for the sale of the Fund's liquids pipelines assets in the South Prairie Region to Tundra Energy Marketing Limited for CAD$1.075 billion in cash.
Shipper commercial arrangements and contracts are expected to remain in place and we expect…
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