The Line 3 Replacement will provide a necessary boost to cash flows.
While narrow-moat Enbridge Energy Partners awaits its final permit on the Line 3 expansion project, the company is continuing construction. With an in-service target date during the second half of 2019, which is in line with our forecasts, construction is under way on the Lakehead System (the U.S. portion of the Canadian Mainline) in North Dakota and Wisconsin. The final regulatory hurdle remains in Minnesota, which expects to issue its final decision in April 2018.Line 3 will add 370 thousand ...
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