This news is classified in: Traditional Energy Oil and Gas
Aug 10, 2015
Enbridge Pipelines Inc. (EPI) today announced that it has completed its transfer of EPI's ownership interest in Enbridge Energy Company, Inc., a wholly-owned U.S. subsidiary of EPI, to a wholly-owned subsidiary of Enbridge Inc. ("U.S. Reorganization").
The U.S. Reorganization was part of a previously planned structural reorganization, which commenced in 2011, and a pre-closing transaction for the transfer of Enbridge's Canadian Liquids Pipelines Business and Renewable Energy Assets to the Enbridge Income Fund as previously announced on June 19, 2015.
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