Noverco completes C$820 million secondary offering of common shares of Enbridge
Date Closed
March 22, 2012
Lead Office
Montréal
Value
820.00 Million CAD
On March 22, 2012, it was announced that Noverco Inc., owned by Trencap LP (Caisse de dépot), and Enbridge, sold 22.5 million Enbridge shares via an C$820-million marketed secondary offering through a syndicate of dealers led by National Bank Financial Inc.
Enbridge, headquartered in Calgary, Alberta, is a Canadian crude oil and liquids pipeline company.
Noverco, headquartered in Montréal, Québec, through its subsidiaires, distributes natural gas, operates in the power production, gas storage and marketing.
McCarthy Tétrault LLP represented Noverco, with a team led by Patrick Boucher.
