You are Trying to View a Premium Article

Daily News You Can't Find Anywhere Else

Enbridge to Spend $22 Billion Over Next Three Years, Prepares Big Sell-Off


Industry Segment: Pipelines | Word Count: 644 Words

SUGAR LAND--February 19, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta) is looking at $22 billion in capital spending through 2020, after it brought $12 billion of new assets into service in 2017. The company also is preparing to sell some of its less essential properties as it faces a hangover-like debt, partly due to an acquisition last year that made it North America's largest energy infrastructure company. Industrial Info is tracking nearly $25 billion in active projects involving Enbridge, including more than $15.6 billion worth that are set to begin or finish construction in 2018.

Within this article: Details on some of the highest-valued projects involving Enbridge, including the NEXUS pipeline in Ohio and Michigan, and the Atlantic Bridge pipeline in New England.

This Premium Article can be purchased individually or as part of a subscription

Subscribe Now! All Fields Required...

Subscription Type: Pricing Help?

  • Pay-Per-Article - $5.95
  • Annual Subscription - $235.00
  • Annual Subscription with Archive - $395.00