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Enbridge to Sell 19 Gas Plants to Brookfield for $3.7 Billion

July 4, 2018 9:17 PM
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The deal comes as the Canadian company seeks to shrink its debt burden and focus on pipelines and utilities

TORONTO—Oil and gas pipeline operator Enbridge Inc. announced a deal to sell 19 natural gas gathering and processing plants to Brookfield Infrastructure Partners L.P., another step in its bid to shrink its heavy debt burden and focus on its pipeline and utilities businesses.

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