| Home : August 2012 : August 27, 2012 News : Enbridge Repays U.S. Federal Transmission Infrastructure Program Loan on Montana-Alberta Tie-Line (MATL) Project |
Enbridge Repays U.S. Federal Transmission Infrastructure Program Loan on Montana-Alberta Tie-Line (MATL) Project |
August 27, 2012
CALGARY, ALBERTA--(Marketwire - Aug. 27, 2012) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced the repayment of the approximately U.S.$151 million principal outstanding under the U.S.$161 million Transmission Infrastructure Program (TIP) loan granted in 2009 by the Western Area Power Administration (WAPA), an agency of the U.S. Department of Energy, to help kick start construction of MATL.
http://www.marketwire.com/mw/release.do?id=1694654&sourceType=3
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