Enbridge Acquires Natural Gas Storage Facility For $400 Million

Enbridge Inc (TSX: ENB) is expanding its natural gas assets. The firm this morning revealed it would be acquiring FortisBC Midstream, which holds natural gas assets in Fort St. John, British Columbia. The transaction will see Enbridge pay $400 million for the subsidiary of FortisBC Holdings, which owns a 93.8% stake in the Aitken Creek … Continue reading Enbridge Acquires Natural Gas Storage Facility For $400 Million