Organisation: Spectra Energy

Spectra Energy Corp (Spectra Energy) through its subsidiaries and equity affiliates, owns and operates a portfolio of complementary natural gas-related energy assets and is a natural gas infrastructure company. Spectra Energy operates in three areas of the natural gas industry: gathering and processing, transmission and storage, and distribution. The Company operates in four segments: U.S. Transmission, Distribution, Western Canada Transmission & Processing, and Field Services. It provides transportation and storage of natural gas to customers in various regions of the north-eastern and south-eastern United States, the Maritime Provinces in Canada and the Pacific Northwest in the United States and Canada, and in the province of Ontario, Canada. It also provides natural gas sales and distribution services to retail customers in Ontario, and natural gas gathering and processing services to customers in western Canada.September 6, 2016 – Enbridge Inc. and Spectra Energy Corp announced that they have entered into a definitive merger agreement.The Transaction was unanimously approved by the Boards of Directors of both companies and is expected to close in the first quarter of 2017, subject to shareholder and certain regulatory approvals, and other customary conditions.