Pembina Pipeline approved to acquire Enbridge's $3.1bn stake in three joint ventures.

Pembina Pipeline received approval from the Canadian Competition Bureau to acquire Enbridge's interest in three joint ventures, Alliance, Aux Sable, and NRGreen, for $3.1 billion. The deal is expected to close on April 1st. The joint ventures involve natural gas and liquids operations, providing connectivity to key U.S. natural gas liquids hubs.

March 19, 2024
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