Enbridge Income Fund Holdings Inc. EBGUF

Reminder ferc decision

[pastafagoli]

ENF shareholders were on the right side of this.  ENF increased after the announcment.  Whole thing is so complex.  


While there will likely be varying impacts to each of the sponsored vehicles, on a consolidated basis, we do not expect a material impact to previously disclosed financial guidance over the 2018 to 2020 horizon. Under the International Joint Toll mechanism on the Mainline System, any reductions in the EEP tariff would create an offsetting revenue increase on the Canadian Mainline system owned by the Fund Group. In addition, the impact to distributable cash flow at SEP is not expected to be material to Enbridge on a consolidated basis.