Enbridge Brings KKR and Apollo Into C$2.7 Billion Westcoast Pipeline Deal

Enbridge announced a C$2.7 billion financing arrangement with investment firms KKR and Apollo targeting two expansion projects on its Westcoast natural gas pipeline network in British Columbia. The transaction provides private infrastructure capital to one of Western Canada’s key gas transportation systems.
Under the terms, KKR-led capital accounts and funds managed by Apollo will finance the Aspen Point and Sunrise expansion programs. Upon completion of the Sunrise project, the investors