Episode Details

Enbridge is partnering with KKR and Apollo to fund a major expansion of its Westcoast natural gas pipeline, giving the investors a 29% stake once key phases like Sunrise (late 2028) and Aspen Point (this year) come online — with returns kicking in as each phase launches. Enbridge retains control, managing operations and holding a majority stake, while also retaining a buy-back option on that 29% between years 7 and 14 — all aimed at securing capital to meet growing energy demands without losing operational authority.

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