(Bloomberg) -- Enbridge Inc. agreed to sell Canadian natural-gas businesses to Brookfield Infrastructure Partners LP for a cash purchase price of C$4.31 billion ($3.3 billion).

Enbridge will divest its gas gathering and processing division in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta, the Calgary-based company said Wednesday in a statement.

The so-called G&P unit includes 19 gas-processing plants and liquids-handling facilities, with a total operating capacity of 3.3 billion cubic feet a day and more than 2,000 miles of gas-gathering pipelines.

“When combined with asset monetizations announced in May, the sale of our Canadian G&P business significantly advances our strategic priority of moving to a pure-play regulated pipeline and utility business model,” Enbridge Chief Executive Officer Al Monaco said in the statement.

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