Enbridge announces $1.8B in pipeline spending; raises dividend 10 percent
CALGARY, A.B. – Enbridge Inc. is announcing $1.8 billion in new investments, including the $265-million purchase of pipeline and terminal assets in northern Alberta from oilsands producer Athabasca Oil Corp. The Calgary-based pipeline, utility and power company says it will also spend US$600 million to buy a 22.75 percent interest in the Gray Oak Liquids […]
