DBRS Releases Report on Enbridge Income Fund
EnergyDBRS has today released a report on Enbridge Income Fund (the Fund) that provides further detail on the recent confirmation of the Fund’s rating at BBB (high) with a Stable trend.
DBRS confirmed the Fund’s rating on September 8, 2011, following the announcement that the board of trustees of Enbridge Commercial Trust had approved the acquisition by the Fund of three renewable energy assets in Ontario for $1.23 billion (the Transaction) from Enbridge Inc. The Transaction closed on October 21, 2011.
Today’s report and the September 8, 2011, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.