Latest ENB news and sentiment

Enbridge, KKR form joint venture for Westcoast pipeline expansion

Why Is Enbridge (TSX:ENB) Expanding Gas And Crude Infrastructure Now?

Enbridge (TSX:ENB) has entered a new joint venture with KKR and Apollo involving expansions of its Westcoast natural gas pipeline system in British Columbia. The joint venture brings in third party capital, reduces Enbridge's direct funding needs for the projects, and is backed by long term contracts. Separately, Enbridge has acquired Salt Creek Midstream's crude gathering assets in the Permian Basin, extending its crude oil infrastructure in the region. The Salt Creek Midstream transaction adds gathering infrastructure that links Permian production to Enbridge's broader value chain and suppor

Enbridge Brings KKR and Apollo Into C$2.7 Billion Westcoast Pipeline Deal

Enbridge has struck a C$2.7 billion financing deal with KKR and Apollo for two previously approved expansions of its Westcoast natural gas pipeline system in British Columbia, bringing private infrastructure capital into one of Western Canada's most important gas transportation networks. Under the agreement, KKR-led capital accounts, together with funds and affiliates managed by Apollo, will fund the Aspen Point and Sunrise expansion programs. The investors will receive an indirect cumulative 29% interest in the broader Westcoast system once Sunrise enters service, while Enbridge will retain m

Enbridge Deepens Permian Footprint With $600M Salt Creek Acquisition

Enbridge Inc. ENB is strengthening its liquids pipeline business with a $600 million acquisition of Salt Creek Midstream's crude oil gathering assets. The deal gives Enbridge 100% ownership of the Orla and Wink North systems and a 50% stake in the Delaware Crossing ("DCX") system, adding approximately 500 miles of crude-gathering infrastructure in the core of the Delaware Basin. The acquisition enhances ENB's strategic positioning within the core of the Delaware Basin, one of North America's most productive oil regions, by integrating assets secured under long-term commercial agreements. Long-

Enbridge Forms $1.95 Billion Joint Venture to Expand British Columbia Pipeline

Enbridge Forms Joint Venture With KKR to Fund Westcoast Pipeline Expansions

Enbridge (ENB) has entered into a definitive agreement with KKR (KKR) to form a joint venture that w PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in

Enbridge and KKR Announce New Joint Venture to Support Investment in the Westcoast Pipeline System in BC

C$2.7 billion transaction led by KKR in collaboration with Apollo to fund Aspen Point and Sunrise Expansion Programs CALGARY, AB, Aug. 27, 2026 /CNW/ - Enbridge Inc. ("Enbridge") (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement with KKR to form a new joint venture, subject to the satisfaction of customary closing conditions, led by capital accounts advised by KKR, in collaboration with funds and affiliates managed by Apollo. The joint venture will fund the previously sanctioned Aspen Point and Sunrise Expansion Programs (collectively, "the Expansions") of

This Energy Giant Just Bought 500 Miles of Pipeline in America's Busiest Oil Field. Here's Why.

Salt Creek Midstream is selling its crude oil gathering business for $600 million. The 500-mile system gathers oil in the heart of the prolific Delaware Basin. The buyer is the Canadian energy infrastructure giant Enbridge (NYSE:ENB). While $600 million might seem like a rounding error for Enbridge, considering its more than 10 billion Canadian dollars ($7.2 billion) annual growth capital investment capacity, it's an important strategic deal for the energy giant. Here's why it's buying these assets and what the deal means for investors in the pipeline stock. Missed Nvidia in 2009? This Rare Si

Enbridge Buys $600 Million Permian Crude Network

Enbridge is expanding deeper into the Permian Basin with a $600 million acquisition of Salt Creek Midstream's crude oil gathering business, strengthening the pipeline giant's ability to move barrels from the Delaware Basin to export markets on the U.S. Gulf Coast. The cash deal includes full ownership of the Orla and Wink North gathering systems and a 50% interest in the Delaware Crossing system, giving Enbridge roughly 500 miles of additional crude gathering infrastructure. Together, the systems can handle 420,000 barrels per day and provide 350,000 barrels of storage capacity. They serve mor

Enbridge to buy Salt Creek Midstream crude gathering assets in $600M deal

[steel long pipes in crude oil factory during sunset] kodda/iStock via Getty Images Enbridge (ENB [https://seekingalpha.com/symbol/ENB]) said Wednesday it agreed to acquire [https://seekingalpha.com/pr/20630273-enbridge-to-extend-permian-export-value-chain-with-acquisition-of-salt-creek-midstreams-crude] Salt Creek Midstream's crude oil gathering business, comprising 100% of the Orla and Wink North systems and a 50% stake in the Delaware Crossing system, for $600M in cash. The business includes ~500 miles of crude oil gathering infrastructure located in the core of the Delaware Basin; with a ~

Enbridge agrees to buy crude oil systems with 420,000 barrels a day of capacity

Enbridge to Extend Permian Export Value Chain with Acquisition of Salt Creek Midstream's Crude Gathering Business

CALGARY, AB, Aug. 26, 2026 /CNW/ -- Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced today that, through a wholly-owned subsidiary, it has entered into a definitive agreement to acquire Salt Creek Midstream's crude oil gathering business, comprising 100% of the Orla and Wink North systems and a 50% interest in the Delaware Crossing (DCX) system for cash consideration of US$600 million. The business includes approximately 500 miles of crude oil gathering infrastructure located in the core of the Delaware Basin, one of the most prolific and competitive crude oil producing regions in Nor

Truck accident causes gas leak to Enbridge Line 5 in northeast Wisconsin

Enbridge's Line 5 experienced a natural gas leak in Iron County, Wisconsin, on August 25, after an unoccupied semi-truck rolled into an excavation site and struck the pipeline. Enbridge confirmed the incident, stating no injuries occurred and nearby homes were evacuated as a precaution, with the affected section of pipe immediately isolated. The incident adds to the ongoing controversy surrounding Line 5, which faces legal challenges regarding its operation on tribal land and a proposed reroute.

Two properties evacuated after semi-truck rolled into Line 5 excavation site

A semi-truck rolled into an open Line 5 excavation site in rural Northern Iron County, Wisconsin, leading to the release of natural gas liquids (NGLs) after striking a pipe. Although no one was injured, two nearby properties were evacuated as a precaution, Sitan Road was closed, and power was shut down in the area. Enbridge isolated the affected pipe section, and the incident is under investigation, with early indications pointing to mechanical error or brake failure.

Seven years later, Lincoln County remembers deadly pipeline explosion

Seven years ago, a natural gas pipeline explosion in Moreland, Kentucky, killed one woman, injured six, and devastated a neighborhood. The rupture, which occurred on Enbridge Inc.’s Line 15, was later determined by the NTSB to be caused by a manufacturing defect combined with degraded protective coating and ineffective corrosion protection. The incident led to federal recommendations for Enbridge and pipeline regulators, and forever changed the affected community.

US Capital Advisors Forecasts Stronger Earnings for Enbridge