Enbridge Inc , North America's largest pipeline operator, on Thursday reported a quarterly profit that more than tripled, helped partly by its purchase of natural gas pipeline company Spectra Energy Corp.
Earnings attributable to shareholders rose to C$919 million ($729.77 million), or 56 Canadian cents per share, in the second quarter ended June 30, from C$301 million, or 33 Canadian cents per share, a year earlier. Enbridge bought Spectra for $28 billion in a deal that closed on Feb. 27. (Reporting by Ahmed Farhatha in Bengaluru and Ethan Lou in Calgary)