Enbridge has now closed the complete sale of the Canadian G&P Business, which includes 19 provincially and federally-regulated natural gas processing plants and 3550 km of natural gas gathering pipelines in British Columbia and Alberta. Under Brookfield's ownership, the G&P Business is named NorthRiver Midstream Inc.
In addition, the Company has now received total proceeds of approximately CAN$8 billion from previously announced non-core asset sales. These transactions have further focused Enbridge's business on low risk pipeline and utility assets, strengthened Enbridge's balance sheet and provided the Company with additional financial flexibility.
