Enbridge Inc: Up after Minnesota regulator approves rebuild of pipeline

** Shares of pipeline operator up 4.6 pct atC$45.90 after a Minnesota regulator approved rebuild of co'sLine 3 oil pipeline

** The clearance, heavily angering environmentalists, comeswith conditions including a financial guarantee to clean up anyenvironmental damage

** The real win came with the Route Permit decision – TudorPickering analysts say on ENB receiving approval for a routeclose to its preference

** Brokerage says ENB may see near-term positive upsidegiven construction timeline uncertainty of Trans MountainExpansion

** So far this year, stock has fallen ~6 pct compared with a~1 pct rise in the S&P TSX oil and gas index

(Reporting by Anirban Paul)