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Enbridge, KKR form joint venture to invest in Westcoast natural gas pipeline

Enbridge, KKR form joint venture to invest in Westcoast natural gas pipeline

- Enbridge ENB.TO said on Thursday it had signed an agreement with KKR KKR.N to form a new joint venture to fund the Aspen Point and Sunrise Expansion Programs of the Westcoast natural gas pipeline system.

Under the agreement, KKR and Apollo will invest roughly C$2.7 billion to fund the expansions.


(Reporting by Vallari Srivastava in Bengaluru; Editing by Shreya Biswas)

((Srivastava.Vallari@thomsonreuters.com;))

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