News & Updates

Ontario Energy Board reviewing Enbridge-Spectra deal

Sep 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/