One-Page Deal Sheet
Enbridge, Marathon Petroleum Acquire Bakken Pipeline Interests; Form JV
Enbridge Energy Partners Lp, Enbridge Inc., Marathon Petroleum Corporation Energy Transfer Partners Lp, Sunoco Logistics Partners L.P.
Announced Date
August 02,2016
Close Date
February 15,2017
Transaction Type
Working Interest
Transaction Details: Subscribe to see
Closing Announcement - February 15, 2017
Enbridge Energy Partners has closed the acquisition of a 27.6 percent interest in the Bakken Pipeline System.
The System consists of the Dakota Access Pipeline and the Energy Transfer Crude Oil Pipeline projects, both of which will be operated by Energy Transfer Partners, L.P., and connects the prolific Bakken formation in North Dakota to eastern PADD II and the U.S. Gulf Coast. Construction of the Bakken Pipeline is well advanced and approximately 95 percent complete.
EEP will initially fund the $1.5 billion acquisition through a bridge loan provided…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Oct-26-2021 |
-  |
- |
Click here | North Dakota | Midstream |
| Mar-22-2021 |
- |
- |
Click here | North Dakota | Midstream |
| Feb-19-2019 |
- |
- |
Click here | North Dakota | Midstream |
| Nov-08-2018 |
- |
- |
Click here | Midstream | |
| Apr-30-2018 |
- |
- |
Click here | Midstream |