Enbridge completes acquisition of north america's premier crude export facility

Calgary, ab and ingleside, texas, oct. 12, 2021 /prnewswire/ - enbridge inc. (enbridge or the company) (tsx: enb) (nyse: enb) today announced the closing of the acquisition of moda midstream operating from encap flatrock midstream for us$3.0 billion. the acquisition significantly advances the company's u.s. gulf coast export strategy and connectivity to low-cost and long-lived reserves in the permian and eagle ford basins.
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