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Western Midstream Sells Its Portion of Cactus II Pipeline To Plains, Enbridge

Western Midstream Sells Its Portion of Cactus II Pipeline To Plains, Enbridge

November 2, 2022 -- Plains All American Pipeline LP and Enbridge Inc are now the sole owners of the Texas Cactus II Pipeline and its company Cactus II Pipeline LLC, after a buyout priced at about $265 million. Subsidiaries of Enbridge and Plains purchased 15% interest in the pipeline from Western Midstream Partners LP, with Enbridge getting 10% and Plains 5% based on the Western Midstream holdings.....  
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