Enbridge Inc deal to buy Spectra creates ‘energy infrastructure colossus’ with $48 billion of future projects

From the Financial Post:
CALGARY — Enbridge Inc.’s $37-billion merger with Spectra Energy Corp. will create a new integrated pipeline “colossus” with a massive $48 billion worth of potential future projects.

Calgary-based Enbridge announced Tuesday it would merge with Houston-based Spectra in an all-share deal to create the largest pipeline company by market value on the continent — leapfrogging competitor Kinder Morgan Inc.

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