The Globe and Mail reports in its Wednesday edition that Enbridge is joining forces with I Squared Capital and pipeline firms WhiteWater and MPLX to connect natural gas supplies from the Permian basin to the U.S. Gulf Coast. The Globe's Emma Graney writes that the joint venture, announced Tuesday, underscores Enbridge's focus on various markets south of the border -- particularly as Canadian liquefied natural gas projects face delays while global appetite for the fuel continues to grow. Enbridge will have a 19-per-cent interest in the new venture, WhiteWater and I Squared a combined 50.6-per-cent interest, while MPLX will hold 30.4 per cent. The deal is expected to close in the second quarter of 2024. The venture will include a 100-per-cent interest in Enbridge's Rio Bravo pipeline, which connects to NextDecade's Rio Grande LNG project in Brownsville, Tex., and the Whistler pipeline, which transports natural gas from the Permian to Agua Dulce, Tex., near the starting point of the Rio Bravo pipeline. It will also have a 70-per-cent interest in the proposed ADCC pipeline, which would connect to Cheniere Energy's Corpus Christi LNG export facility, and a 50-per-cent interest in the Waha gas storage facilities.