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Enbridge Receives Federal Energy Regulatory Commission Approval of Rate Case Settlement

Enbridge Inc. (Enbridge) (TSX:ENB) (NYSE:ENB) announced today that Texas Eastern Transmission, LP (Texas Eastern) has received approval from the Federal Energy Regulatory Commission (FERC) of its uncontested rate case

Benzinga · 03/02/2020 12:16

Enbridge Inc. (Enbridge) (TSX:ENB) (NYSE:ENB) announced today that Texas Eastern Transmission, LP (Texas Eastern) has received approval from the Federal Energy Regulatory Commission (FERC) of its uncontested rate case settlement with customers. Enbridge, its customers and FERC staff collaborated to effectively resolve this matter in a mutually satisfactory manner.

Texas Eastern is the largest Enbridge-owned natural gas pipeline asset and one of the largest in the industry.