July 31 (Reuters) - Enbridge Inc ENB.TO , Canada's largest
pipeline operator, is considering natural gas and power
generation acquisitions to help boost the diversity of its asset
base, the company's CEO said on Friday.
"We've got such a tremendous liquids pipeline franchise,"
Chief Executive Al Monaco said on a conference call. "With that
though we do feel very strongly about the fundamentals of both
natural gas and power generation, renewables being one part of
that. I think it's our desire to expand the diversity of the
asset base that we have."
"We're scouring every opportunity out there and we will
continue to do that," he added.
The company is currently in the midst of a C$44 billion
($33.8 billion) growth program, with much of that focused on
crude oil pipelines.
($1 = 1.3024 Canadian dollars)