Current ENB Stock Info

Enbridge Income Fund Receives Canadian Oil Sands System and Renewables
Enbridge (ticker: ENB) followed through on its April 2015 proposal to transfer assets to its Income Fund, swapping ownership of its Canadian Mainline, Regional Oil Sands System and Canadian renewable assets for a closing value of $30.4 billion. The value includes $18.7 billion of units in the fund structure and the assumption of $11.7 billion in debt. Enbridge will remain the operator of the transferred projects, and the expected closing date is August 2015.

The Mainline...

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