Enbridge Makes Formal Proposal to Transfer Canadian Liquids Pipeline Business and Renewable Energy Assets to Enbridge Income Fund

Posted on April 1, 2015 by MasterBlog

– $17 billion book value of assets and $15 billion of secured growth projects under development proposed to be transferred

– Accretion expected to add 10% to Enbridge adjusted earnings per share from 2015 through 2018

– EIFH dividend growth rate expected to average 10% per year from 2015 to 2019

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