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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Enbridge Inc | TSX:ENB | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.28 | -0.56% | 50.05 | 50.05 | 50.06 | 50.44 | 49.83 | 50.18 | 1,898,161 | 19:20:05 |
From May 2022 to May 2024
By Adriano Marchese
Enbridge Inc. said a consortium that includes its joint venture company has been chosen to develop offshore wind turbines off the coast of Normandy.
The Canadian pipeline and energy company said Monday that the French Ministry of Energy Transition chose Eoliennes en Mer Manche Normandie, the project company owned by the EDF Renewables and Maple Power consortium.
Maple Power is Enbridge's joint venture with the Canada Pension Plan Investment Board, a Canadian Crown corporation which invests funds held by the Canada Pension Plan.
Enbridge said the consortium was chosen to design, build, operate and decommission the project with an expected installed capacity of 1 gigawatt.
The planned offshore wind farm will be located about 32 kilometers off the north coast of Normandy and has a commission time frame of around 2030.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
March 27, 2023 11:30 ET (15:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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