Ontario Energy Board reviewing Enbridge-Spectra deal

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Ontario Energy Board reviewing Enbridge-Spectra deal

The Ontario Energy Board is looking into Enbridge Inc.’s $37-billion deal to acquire Houston-based Spectra Energy Corp. to determine whether it must approve the resulting change in ownership of Spectra’s Union Gas subsidiary.
September 23, 2016

The Ontario Energy Board is looking into Enbridge Inc.’s $37-billion deal to acquire Houston-based Spectra Energy Corp. to determine whether it must approve the resulting change in ownership of Spectra’s Union Gas subsidiary.

Enbridge says it intends to maintain separate operations for Toronto-based Enbridge Gas Distribution and Chatham, Ont.-based Union Gas, which together provide most of Ontario’s gas supply.

 

McCarthy, S. (2016, September 8). Ontario Energy Board reviewing Enbridge-Spectra deal. Retrieved September 23, 2016, from http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/ontario-energy-board-reviewing-enbridge-spectra-deal/article31777984/

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