
Enbridge invests $2.6B in Tallgrass to expand crude network
Enbridge is betting $2.6 billion on Tallgrass Energy to expand its crude oil transportation network from the Rockies to Cushing.
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Enbridge is betting $2.6 billion on Tallgrass Energy to expand its crude oil transportation network from the Rockies to Cushing.

Enbridge has agreed to purchase Tallgrass Energy Partners' crude oil transport business for $2.5 billion, expanding its infrastructure capabilities.
Canadian energy giant Enbridge has agreed to purchase the crude oil business of Tallgrass Energy from Blackstone for approximately $2.55 billion. The acquisition expands Enbridge's infrastructure capabilities in the North American energy sector.