It seems many of your projects are replacement pipelines. How will these projects impact profits?

Our Answer

Bill asked this question on July 16, 2018.

Hi Bill,

While we are currently undertaking a significant replacement project on our Line 3, the completion of this project will restore the line’s capacity with an additional 375,000 barrels per day which as a result will contribute to our EBITDA growth going forward.

We also have a number of projects with are not considered replacements such as the NEXUS Gas Transmission Project, the Valley Crossing Pipeline project, the Rampion Offshore Wind Project and the Hohe See Offshore Wind project, to name a few.