- Enbridge (ENB -1.6%) is lower after disclosing that it filed a mixed shelf offering of up to $7B in debt securities, common shares and preference shares.
- ENB says the proceeds would not be applied to fund any specific project, but would be added to its funds for general corporate purchases.
- Earlier this month, ENB acquired a minority stake in the Bakken Pipeline system through a joint venture, and reportedly won the auction for a stake in EnBW’s Hohe See, one of Europe’s largest offshore wind power projects.