CALGARY, AB, Nov. 29, 2023 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) is pleased to announce that its Board of Directors has appointed Manjit Minhas as a director of Enbridge.

Ms. Minhas is the co-founder and CEO of Minhas Breweries, Distilleries and Wineries. She is an experienced director and has extensive business and entrepreneurial experience.  Ms. Minhas is currently a director of ATB Financial.

“On behalf of the Board of Directors of Enbridge, we are very pleased to welcome Ms. Minhas to the Enbridge Board. She will be a strong addition to our Board, and we look forward … Continue Reading

CALGARY, AB, Nov. 29, 2023 /CNW/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today its 2024 financial guidance and an annualized common share dividend increase from $3.55 to $3.66 per share effective March 1, 2024.

HIGHLIGHTS

(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. See the Non-GAAP and Other Financial Measures section of this news release)

CALGARY, AB, Nov. 29, 2023 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on March 1, 2024 to shareholders of record on February 15, 2024.  The declared dividend represents a 3.1% increase from the prior quarterly rate and the twenty-ninth consecutive year in which the Company has increased its common share dividend.

DIVIDEND DECLARATION

On November 28, 2023, the Enbridge Board of Directors declared the following quarterly dividends.  All dividends are payable on March 1, … Continue Reading

CALGARY, AB, Nov. 16, 2023 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series N (Series N Shares) will be converted into Cumulative Redeemable Preference Shares, Series O (Series O Shares) on December 1, 2023.

After taking into account all conversion notices received from holders of its outstanding Series N Shares by the November 16, 2023 deadline for the conversion of the Series N Shares into Series O Shares, less than the 1,000,000 Series N Shares required to give effect to conversions into Series O Shares … Continue Reading

CALGARY, AB, Nov. 15, 2023 /CNW/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that it has signed a definitive agreement to participate in the construction and operation of the Fox Squirrel solar project, through a 50% interest in a joint venture with EDF Renewables.

Fox Squirrel is a ground-mounted solar facility under construction in Madison County, Ohio. The initial phase is expected to generate approximately 150 MW of solar energy and be in service by year-end. The project will be constructed in three phases and is designed to ultimately deliver up to … Continue Reading

CALGARY, AB, Nov. 3, 2023 /CNW/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported third quarter 2023 financial results, reaffirmed its 2023 financial outlook and provided a quarterly business update.

Highlights
(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.)

CALGARY, AB, Nov. 1, 2023 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.8875 per common share, payable on December 1, 2023 to shareholders of record on November 15, 2023.  The amount of the dividend is consistent with the September 1, 2023 dividend. 

The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on December 1, 2023 to shareholders of record on November 15, 2023.  All amounts shown are in Canadian dollars unless otherwise … Continue Reading

CALGARY, AB, Oct. 6, 2023 /CNW/ – Today, Greg Ebel, President & Chief Executive Officer of Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) called on Canada to show leadership to the world in lowering global emissions, reducing energy poverty and supporting the progress of Indigenous communities in the country.

In a keynote address to the Toronto Region Board of Trade, Ebel made a case for Canada to play an outsized and important role on the world stage, as it has at pivotal moments throughout history. From heroic efforts in world wars to standing up to … Continue Reading

CALGARY, AB, Sept. 12, 2023 /CNW/ – Today, Greg Ebel, President & Chief Executive Officer of Enbridge Inc. (TSX: ENB) (NYSE: ENB) announced the following executive leadership changes.

Mr. Reggie Hedgebeth has been appointed Executive Vice President, External Affairs & Chief Legal Officer and Ms. Laura Buss Sayavedra has been appointed Senior Vice President, Projects & Chief Administrative Officer, effective January 1, 2024. These appointments follow the decisions of Bob Rooney, Executive Vice President & Chief Legal Officer and Byron Neiles, Executive Vice President & Chief Administrative Officer to step down from their current roles … Continue Reading

CALGARY, AB, Sept. 8, 2023 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced it has closed its previously announced public offering (the Offering) of common shares by a syndicate of underwriters led by RBC Capital Markets and Morgan Stanley, together with BMO Capital Markets, CIBC Capital Markets, National Bank Financial Markets, Scotiabank, TD Securities as joint bookrunners. Enbridge issued 102,913,500 common shares inclusive of 13,423,500 common shares issued pursuant to the full exercise of the underwriters’ over-allotment option. Gross proceeds from the Offering are approximately CDN$4.6 billion.

Enbridge intends to use the … Continue Reading

CALGARY, AB, Sept. 5, 2023 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (“Enbridge” or the “Company”) today announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Morgan Stanley, and including BMO Capital Markets, CIBC Capital Markets, National Bank Financial Markets, Scotiabank, and TD Securities (the “Underwriters”) under which the Underwriters have agreed to purchase, on a bought deal basis, 89,490,000 common shares of the Company (“Common Shares”) for aggregate gross proceeds of CDN$4 billion at an offering price of CDN$44.70 per Common Share (the “Offering”).

Enbridge intends to … Continue Reading