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Article: FERC ISSUES ORDER TO ENBRIDGE ENERGY ACCCEPTING PROPOSED ACCOUNTING IN CONNECTON WITH ACQUISITION OF CCPS LLC FROM BP PIPELINES NORTH AMERICA
- Article from:
- US Fed News Service, Including US State News
- Article date:
- February 12, 2007
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The U.S. Department of Energy's Federal Energy Regulatory Commission issued the text of the following delegated order:
In Reply Refer To:OEDocket No. AC07-48-000
Enbridge Energy Company, Inc.Attention: Mr. Rick JohnsonManager, Property Tax & Valuations1100 Louisiana Street, Suite 3300Houston, TX 77002
Dear Mr. Johnson:
This is in response to your November 14, 2006 letter requesting approval of proposed accounting in connection with Enbridge Energy Company, Inc.'s (Enbridge Energy) acquisition of CCPS L.L.C. (CCPS) from BP Pipelines North America, Inc.
Enbridge's proposed accounting is approved.
On September 1, 2003, Enbridge purchased 90 percent of the membership interests in CCPS for ...