Enbridge Inc. will transfer its 66.7% stake in the US segment of the Alberta Clipper Pipeline to Enbridge Energy Partners, its MLP counterpart in the US, for about $900 million. This will give EEP full ownership of the US portion of the 1,000-mile pipeline, which starts in Hardisty, Alberta and flows diluted bitumen to Superior, Wisconsin. The dropdown will require EEP to pay $300 million in cash and $600 million in its Class E equity units to......
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