Enbridge Forms C$2.7 Bln Joint Venture With KKR, Apollo To Fund Westcoast Pipeline Expansions

Enbridge agreed to form a joint venture with KKR, in collaboration with Apollo, to help fund its Aspen Point and Sunrise Expansion Programs for the Westcoast natural gas pipeline system in British Columbia. The deal supports financing of expansion capex tied to Westcoast infrastructure. Likely modest positive for ENB’s growth and funding outlook, though no financial figures or timeline were provided in the excerpt.