Announced
Financials
Sources
Tags
Acquisition
Friendly
Cross Border
energy infrastructure
Minority
United States
Single Bidder
Private
Integrated Oil and Gas
Pending
Private Equity
private equity
infrastructure
Private Equity
Synopsis
Enbridge, a pipeline and energy company, agreed to acquire a 10% stake in Divert, a RNG infrastructure company, for $80m. "Our asset positions, cost advantages and, increasingly, our ability to deliver integrated conventional and lower-carbon solutions makes Enbridge the first-choice for energy delivery by our customers. Above all, our leading track record on operational safety and reliability differentiates us and will always be our top priority. This relentless focus, along with our premium growth and low-risk business model, also positions us as the first-choice investment opportunity among our peers," Greg Ebel, Enbridge President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.