Nextdecade and enbridge sign definitive agreement regarding rio bravo pipeline

Nextdecade and enbridge sign definitive agreement regarding rio bravo pipeline.enbridge will acquire rio bravo pipeline company from nextdecade for a cash purchase price not to exceed $25 million.upon closing of transaction, enbridge will own one hundred percent of rbpl.nextdecade - nextdecade will continue to be responsible for development, financing, construction, and operations of its rio grande lng export facility.nextdecade-co, enbridge negotiated precedent deal;co to retain rights to rio bravo pipeline natural gas firm transportation capacity for atleast 20 yrs.
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