Pembina Pipeline Buys Enbridge Assets in $2.3 Billion Deal, Easing Debt Concerns
Pembina Pipeline Corporation has agreed to acquire Enbridge Inc.'s (ENB.TO) remaining interests in the Alliance Pipeline, Aux Sable, and NRGreen joint ventures for $2.30 billion (C$3.1 billion).
The strategic move expands Pembina's midstream footprint and strengthens its position in key energy transportation corridors.