Post Tagged with: "$17 billion"

Enbridge Makes Formal Proposal to Transfer Canadian Liquids Pipeline Business and Renewable Energy Assets to Enbridge Income Fund

Enbridge Makes Formal Proposal to Transfer Canadian Liquids Pipeline Business and Renewable Energy Assets to Enbridge Income Fund

– $17 billion book value of assets and $15 billion of secured growth projects under development proposed to be transferred

– Accretion expected to add 10% to Enbridge adjusted earnings per share from 2015 through 2018

– EIFH dividend growth