Saturday, February 22, 2025

Spectra deal takes Enbridge deeper into natural gas shipping, distribution

From the Globe and Mail Enbridge Inc. is pushing deeper into natural gas shipping and distribution with its CAD$37-billion acquisition of Spectra Energy Corp. Houston-based Spectra’s pipeline, storage and processing operations extend from gas fields in northern British Columbia through the U.S. Midwest and to the Gulf of Mexico. It also owns the Union Gas Ltd. distribution network, Canada’s second-largest