Le Lézard
Classified in: Oil industry

Enbridge Receives FERC Approval of Rate Settlement on Algonquin Gas Transmission system

HOUSTON, July 2, 2020 /CNW/ - Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced today that Algonquin Gas Transmission, LLC (Algonquin) has received approval from the Federal Energy Regulatory Commission (FERC) of its uncontested rate settlement with customers. Additionally, this uncontested Settlement resolves all issues in Docket No. RP19-57-000 and therefore terminated Algonquin's FERC Form No. 501-G proceeding.  Algonquin and its customers collaborated to effectively resolve this matter in a mutually satisfactory manner.

Algonquin, an Enbridge-owned natural gas pipeline asset, delivers critical energy supply to New England consumers and surrounding markets, and interconnects with Enbridge-owned Texas Eastern and Maritimes & Northeast pipelines.

About Enbridge Inc.

Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which generates approximately 1,750 MW of net renewable power in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.


Toll Free: (888) 992-0997
Email: media@enbridge.com

Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com

SOURCE Enbridge Inc.

These press releases may also interest you

at 16:00
Under a mechanism created by the Georgia Public Service Commission last year, Atlanta Gas Light is allocating $1 million for supplemental low-income energy assistance, which will be distributed to qualifying agencies that support customers who need...

at 14:44
Schneider Electric, the leader in digital transformation of energy management and automation, today announced it has been ranked #1 in the 2020 Gartner Supply Chain Top 25: Europe Top 15 (June 2020)....

at 14:35
Dominion Energy crews have begun restoration efforts following heavy rain, winds with gusts up to 60 mph, and reported tornados from Tropical Storm Isaias in Virginia and northeastern North Carolina. In all, more than 500,000 customers experienced...

at 14:02
The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share...

at 13:21
Schneider Electric, the leader in digital transformation of energy management and...

at 13:15
As part of the preparation efforts to respond to Tropical Storm Isaias, FirstEnergy Corp. utilities have secured more than 1,800 additional resources to assist in the company's service areas expected to be impacted the most....

News published on 2 july 2020 at 21:48 and distributed by: