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Brookfield buys Enbridge gas gathering biz for $4.3B
Canada’s largest alternative asset manager, Brookfield Infrastructure, and its institutional partners struck a C$4.31 billion (US$3.27 billion) deal to acquire 100% of pipeline giant Enbridge’s Western Canadian gas gathering and processing business. RBC Capital Markets advised Enbridge for the transaction. Brookfield will acquire 19 gas processing plants and liquids handling facilities, as well as 3,550 km (2,206 miles) of related gathering pipelines that serve the Montney, Peace River Arch, Horn River and Liard basins......
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