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On the Record · Spectra Energy Partners

Spectra Energy Partners acquisitions, on the record

The businesses Spectra Energy Partners bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Express-Platte crude oil pipeline system
Word for word“In March 2013, Spectra Energy acquired 100% of the ownership interests in the Express-Platte crude oil pipeline system (Express-Platte) from third-parties.” 10-K for 2015
acquisitionMarch 2013—
40% ownership interest in the U.S. portion of Express-Platte (Express US) and 100% ownership interest in the Canadian portion of Express-Platte (Express Canada)
Word for word“In August 2013, we acquired a 40% ownership interest in Express US and a 100% ownership interest in Express Canada from subsidiaries of Spectra Energy for $410 million in cash and 7.2 million of newly issued common and general partner units.” 10-K for 2015
acquisitionAugust 2013$410 million in cash and 7.2 million of newly issued common and general partner units
substantially all of Spectra Energy's remaining U.S. transmission, storage and liquids assets, including remaining 60% interest in Express US (U.S. Assets Dropdown)
Word for word“In November 2013, we acquired substantially all of Spectra Energy's remaining U.S. transmission, storage and liquids assets, including Spectra Energy's remaining 60% interest in Express US (the U.S. Assets Dropdown).” 10-K for 2015
acquisitionNovember 2013—
remaining 0.1% ownership interest in SESH
Word for word“On November 4, 2015, we acquired the remaining 0.1% ownership interest in SESH from Spectra Energy.” 10-K for 2015
acquisitionNovember 4, 2015—
33.3% ownership interests in Sand Hills and Southern Hills
Word for word“On October 30, 2015, Spectra Energy acquired our 33.3% ownership interests in Sand Hills and Southern Hills.” 10-K for 2015
divestitureOctober 30, 2015—
Express-Platte crude oil pipeline system (Express-Platte) from third-parties
Word for word“In March 2013, Spectra Energy acquired 100% of the ownership interests in the Express-Platte crude oil pipeline system (Express-Platte) from third-parties.” 10-K for 2016
acquisitionMarch 2013—
U.S. Express-Platte interest (Express US) and Canadian portion of Express-Platte (Express Canada) from subsidiaries of Spectra Energy
Word for word“Later in 2013, we acquired a 40% ownership interest in the U.S. portion of Express-Platte (Express US) and a 100% ownership interest in the Canadian portion of Express-Platte (Express Canada) (collectively, Express-Platte) from subsidiaries of Spectra Energy (the Express-Platte acquisition).” 10-K for 2016
acquisitionLater in 2013—
substantially all of Spectra Energy's remaining U.S. transmission, storage and liquids assets (U.S. Assets Dropdown)
Word for word“In November 2013, we acquired substantially all of Spectra Energy’s remaining U.S. transmission, storage and liquids assets, including Spectra Energy’s remaining 60% interest in Express US (the U.S. Assets Dropdown).” 10-K for 2016
acquisitionNovember 2013—
our 33.3% ownership interests in Sand Hills and Southern Hills
Word for word“In October 2015, Spectra Energy acquired our 33.3% ownership interests in Sand Hills and Southern Hills.” 10-K for 2016
divestitureOctober 2015—
an additional 24.95% ownership interest in SESH and the remaining 1% interest in Steckman Ridge from Spectra Energy
Word for word“In November 2014, we acquired an additional 24.95% ownership interest in SESH and the remaining 1% interest in Steckman Ridge from Spectra Energy.” 10-K for 2016
acquisitionNovember 2014—

Deal filings since 2016

Read from Spectra Energy Partners’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.