Enbridge Finalizes $7.5 Billion Mainline Replacement Program Cost Estimate; Issues CDN$400 Million of Common Equity

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Home : Enbridge Finalizes $7.5 Billion Mainline Replacement Program Cost Estimate; Issues CDN$400 Million of Common Equity

Jun 19 2014	Enbridge Finalizes $7.5 Billion Mainline Replacement Program Cost Estimate; Issues CDN$400 Million of Common Equity
CALGARY, ALBERTA and HOUSTON, TEXAS--(Marketwired - June 18, 2014) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Enbridge Energy Partners, L.P. (NYSE:EEP) today announced the final scope and cost estimate for their Line 3 Replacement (L3R) Program is approximately $7.5 billion. The L3R Program was announced on March 3, 2014, following receipt of shipper support, and involves replacement of all segments of Line 3 between Hardisty, Alberta and Superior, Wisconsin with new pipe using the latest available high-strength steel and coating technology.


Source:http://www.marketwired.com/mw/release.do?id=1922161&sourceType=3

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