May 9, 2018 / 11:16 AM / 5 months ago

Enbridge to sell stake in renewable power assets for C$1.75 bln

May 9 (Reuters) - Pipeline operator Enbridge Inc said on Wednesday it would sell a 49 percent stake in some North American and German renewable power assets for C$1.75 billion ($1.35 billion) to the Canada Pension Plan Investment Board.

Enbridge will continue to manage, operate and provide administrative services for the renewable power assets. ($1 = 1.2922 Canadian dollars) (Reporting by Anirban Paul in Bengaluru; Editing by Sai Sachin Ravikumar)

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