Williams' Canadian Sale to Inter Pipeline Puts Massive Propane Project in Alberta in Limbo

SUGAR LAND--October 5, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Williams Partners LP (NYSE:WPZ) (Tulsa, Oklahoma) recently announced it had sold its Canadian business interests, which include 260 miles of pipeline and facilities that process Alberta oil sands, to Inter Pipeline Limited (TSX:IPL) (Calgary, Alberta) for $1.06 billion. The transaction cements Inter Pipeline's role as one of Canada's fastest-growing companies, while Williams continues to offload much of its non-natural gas businesses. Industrial Info is tracking $2.63 billion in active projects involving Inter Pipeline.

Within this article: Details on the largest Williams facility sold to Inter Pipeline, as well as other Inter Pipeline projects.