Joan Sullivan for EDF EN Canada inc.Enbridge owns 2,065 megawatts of wind power across the country, enough to power 650,000 homes, while TransCanada operates wind, hydro and nuclear plants as part of its 11,800 megawatts of power generation.
1. Misconceptions of the business model and differences with peers do not warrant such a low multiple (ACFFO yield of 9.5 percent and dividend yield of 4.9 percent in 2016, growing ~15 percent over the next 4 years).
The company was very popular among retail investors, primarily because of its long history of dividend growth. In 2015 alone, the company raised its dividend three times, upping the quarterly payout from $0.45 per share to $0.51, a move that helped ...
Daniel Acker/Bloomberg Enbridge is focusing on expanding “low-cost, incremental” projects like twinning existing pipelines to provide producers with new transportation capacity as they struggle with low crude prices, CEO Al Monaco said.
CALGARY - Enbridge Inc. has indicated a new willingness to grow by buying up firms with depressed share prices Thursday. “We're going to look at all of the aspects of potential merger and acquisition opportunities.