11:51 AM EST - Enbridge Inc. : and EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles, announced today they have jointly signed a purchase agreement with Greengate Power Corporation to acquire the 300 megawatt (MW) Blackspring Ridge Wind Project. Located in Vulcan County, Alberta (50 km north of Lethbridge), Blackspring Ridge will be the largest wind project in Western Canada when operational. EDF EN Canada and Enbridge will each own 50% of the project. The project represents the largest investment in wind energy in the province at approximately $0.6 billion. Enbridge Inc.
shares T.ENB are trading up $0.40 at $45.70.