Holy Toledo! Enbridge, a really big pipeline company headquartered in Calgary, Canada, is in the process of buying the 23-mile Generation Pipeline located in northwest Ohio for $100 million. Enbridge owns the Texas Eastern Transmission Company (Tetco), as well as a 50% share in the NEXUS Utica Shale pipeline in the Marcellus/Utica region. It is that later project, NEXUS, that prompted Enbridge to pursue a purchase of Generation Pipeline.
Holy Toledo! Enbridge, a really big pipeline company headquartered in Calgary, Canada, is in the process of buying the 23-mile Generation Pipeline located in northwest Ohio for $100 million. Enbridge owns the Texas Eastern Transmission Company (Tetco), as well as a 50% share in the NEXUS Utica Shale pipeline in the Marcellus/Utica region. It is that later project, NEXUS, that prompted Enbridge to pursue a purchase of Generation Pipeline.