RE:AcquisitionOne of the indicator I use to gauge a good investment is how deep the moat the company built.
Enbridge is in the business of deliverying energy, green or black. The black (hydrocarbon) business will not fade away in next decade. Pipelines that deliver oil can also be converted to NG. Yes it has to get the authority's approval but who will DARE to refuse to give up oil (the evil) to NG (the greener).
Enbridge's delivering within North America is fairy stabile for the current business. But the arising business is LNG export. To control the end to end delivery, owning port is a must. This is to build a deeper mode.
I would see Enbridge could acquire more terminal in North America and off-shore.