RE:RE:PPL GrowthI think Brookfield will hang on to Heartland as well. As least for the short-term. The plant isn't brand new in the sense that Honeywell UOP technology has existed for 20+ years and is proven tech. Brookfield can get all the support they need in running a plant through them as well as their petro-chemicals engineers they have on staff with the IPL take-over.
The plant was set to be a cash engine, and the only one in Canada producing what it produces. They will only give it up for a pretty penny ($6 bill +) . I think that ship has sailed for Pembina.
I'm shifting some of my investments to Brookfield Infrastructure for the very reason that they will start reaping the fruit of IPL's labour.
I've also just added even more to my PPL holdings. Just sold my nice 5 month, 60% profit on Cenovus. Now at 14k+ shares for PPL and holding. I think pipelines are really lagging the rest of the energy sector and are still a good opportunity.
Are PPL's hedges expiring this year? If so that I think that is reason alone to be bullish.