Update On Enbridge

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Perhaps because I was traveling, I missed all these Enbridge stories. Wow.

First, the dividend declaration; no change.

Second, a new diluent pipeline in western Canada:

Enbridge Inc. announced that it will develop a new industry diluent pipeline with associated capital of up to $1.4 billion, depending on scope, to meet the needs of multiple producers in the Athabasca oil sands region.

Third, a new crude oil pipeline in western Canada:

Enbridge Inc. announced that it has been selected by the Fort Hills partners (Suncor Energy Inc., Total E&P Canada Ltd. and Teck Resources Limited) as well as Suncor Energy Oil Sands Limited Partnership (Suncor) to develop a new $1.6 billion pipeline to transport crude oil production under long term transportation commitments to Enbridge's mainline hub at Hardisty, Alberta.

Fourth, Enbridge secured a 50% interest in the 80-megawatt Saint Robert Bellarmin Wind Project, with an approximate investment of $0.1 billion.