Enbridge to Become Largest Gas Utility in North America
The Canadian Investor
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Enbridge's Acquisition and Impact on Cash Flow
The hosts discuss Enbridge's recent acquisition of Minion gas storage and utility assets, examining its impact on free cash flow and payout ratio. They provide details about the assets being acquired and the benefits of regulated assets. The chapter also explores Enbridge's use of distributable cash flow (DCF) as a metric and raises concerns about transparency and governance.
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