CALGARY, ALBERTA (By Enbridge 3.Dec.2025, Words: 681) — Enbridge Inc. announced its 2026 financial guidance and an annualized common share dividend increase from $3.77 to $3.88 per share, or 3%, effective 1 Mar. 2026. HIGHLIGHTS — announced 2026 adjusted earnings before interest, income taxes and depreciation (EBITDA)* guidance of $20.2bn to […]
Tag: Enbridge
First Nations Partnership to invest CAD$715mn in Enbridge’s Westcoast gas pipeline
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 15.May.2025, Words: 385) — Enbridge Inc. reached an agreement whereby the Stonlasec8 Indigenous Alliance Limited Partnership (the First Nations Partnership), which currently represents 36 First Nations in British Columbia (B.C.), will make a CAD$715mn investment in Enbridge’s Westcoast natural gas pipeline system. When […]
Enbridge CEO Ebel says North America’s “in a unique position”
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 9.May.2025) — Enbridge Inc. president and CEO Greg Ebel said North America is in a “unique position to strengthen its economy and raise the standard of living and create jobs.” This, as the Canadian company moves forward projects from Mainline, Flanagan South to Matterhorn Express […]
Enbridge Will Not Redeem Series 11 Shares
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 30.Jan.2025) — Enbridge Inc. doesn’t intend to exercise its right to redeem its currently outstanding cumulative redeemable preference shares, Series 11, on 1 Mar. 2025. As such, subject to certain conditions, the holders of the Series 11 shares have the right to convert all […]
Enbridge Reveals 2025 Guidance, 3% Dividend Increase
(Energy Analytics Institute, 3.Dec.2024) — Calgary, Alberta-based Enbridge Inc. revealed its 2025 financial guidance and an annualized common share dividend increase from C$3.66 to C$3.77 Canadian dollar per share, or 3.0%, effective 1 Mar. 2025. “Global oil consumption has rebounded to all-time highs and increasing natural gas demand is being […]
Enbridge Comments on Conversion Results for Series 9 Preferred Shares
(Energy Analytics Institute, 18.Nov.2024) — Calgary, Alberta-based Enbridge Inc. said none of its outstanding Cumulative Redeemable Preference Shares, Series 9 will be converted into Cumulative Redeemable Preference Shares, Series 10 on 1 Dec. 2024. After taking into account all conversion notices received from holders of its outstanding Series 9 Shares […]
Enbridge Eyes Final Phase of Squirrel Solar Project
(Energy Analytics Institute, 1.Nov.2024) — Enbridge Inc. will fund US$168mn towards the third and final phase of the Fox Squirrel Solar project in Ohio, which is expected to enter service in late 2024 and generate 177MW of renewable power, Enbridge said 1 Nov. 2024 in its third-quarter 2024 (3Q:24) financial […]
Enbridge Reports 3Q:24 Results, Updates on Kaskida (PDF Downloads)
(Enbridge, 1.Nov.2024) — Enbridge Inc. reported third quarter 2024 (3Q:24) financial results, provided a quarterly business update, and reaffirmed its 2024 financial guidance and outlook. Highlights CEO COMMENT Greg Ebel, President and CEO commented the following: “This quarter, we concluded the successful acquisition of the three U.S. natural gas utilities […]
Enbridge Notifies of Series 9 Preferred Shares Conversion Right
(Enbridge, 1.Nov.2024) — Enbridge Inc. does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 9 on 1 Dec. 2024. As a result, subject to certain conditions, the holders of the Series 9 Shares have the right to convert all or part of […]
Enbridge Sanctions Pipelines to Support bp’s New Deepwater US GOM Development
(Enbridge, 3.Oct.2024) — Enbridge Inc. will build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by BP Exploration & Production Company (“bp”). The crude oil pipeline, named the Canyon Oil Pipeline System, will be a combination of 24″ and […]
Mexico’s First LNG Cargo Sails, Launching New Business for Pipes
(East Daley, 16.Aug.2024) — New Fortress Energy (NFE) has loaded the first cargo from its floating LNG platform offshore Altamira, Mexico. The start-up of Mexico’s first liquefaction project will contribute new demand at the Agua Dulce hub in South Texas and boost business for two pipelines in particular. In a […]
Enbridge Reports Record 2023 Financial Results
(Enbridge, 9.Feb.2024) — Enbridge Inc. (TSX:ENB) (NYSE:ENB) reported fourth quarter 2023 financial results, reaffirmed its 2024 financial guidance and provided a quarterly business update. Highlights Full year GAAP earnings of $5.8bn or $2.84 per common share, compared with GAAP earnings of $2.6bn or $1.28 per common share in 2022Adjusted earnings* […]
EDF Renewables Announces Commercial Operation of Fox Squirrel Phase 1
(Enbridge, 10.Jan.2024) — EDF Renewables North America and Enbridge Inc. announced that Phase 1 of Fox Squirrel Solar, the largest solar complex in Ohio, is fully operational and delivering decarbonized electricity to the PJM grid. Fox Squirrel Solar, a ground-mounted solar facility with total capacity of 749 MWdc/577 MWac, is […]
EAI’s NRGBriefs: Dec. 2023
(Energy Analytics Institute, 31.Dec.2023) — Energy briefs as well as others related to finance and projects during Dec. 2023 including why Venezuela wants to annex the Essequibo; Petrobras acquiring 29 blocks in the Pelotas basin in the 4th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas […]
Pembina Announces $3.1bn Acquisition of Enbridge Interests
(Pembina, 13.Dec.2023) — Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) has entered into an agreement with Enbridge Inc. to acquire all of Enbridge’s interests in the Alliance, Aux Sable and NRGreen joint ventures. Highlights Pembina has entered into an agreement to acquire Enbridge’s interests in Alliance, Aux Sable and NRGreen […]
Enbridge CEO on LNG to Reduce Emissions, Energy Poverty [PDF Download]
(Enbridge, 6.Oct.2023) — Greg Ebel, President & Chief Executive Officer of Enbridge Inc. (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 […]
Enbridge on Tolling Deal on Mainline Liquids System
(Enbridge, 4.May.2023) — Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that it has reached an agreement in principle on a negotiated settlement (the settlement) with shippers for incentive tolls on its Mainline liquids system, which moves over 3 million barrels a day of crude oil and liquids […]
Enbridge Advances Strategic Priorities, Reports Strong 2022 Financial Results
(Enbridge, 10.Feb.2023) — Enbridge Inc. (TSX: ENB) (NYSE: ENB) reported strong fourth quarter and full year 2022 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.) […]
Enbridge Reports 2021 Financial Results and Advances Strategic Priorities
(Enbridge, 11.Feb.2022) — Enbridge Inc. (TSX: ENB) (NYSE: ENB) reported strong full year 2021 financial results, reaffirmed its 2022 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” […]
NRGBriefs: Great Panther Files Defense to Infractions
(Energy Analytics Institute, 30.Dec.2021) — Energy briefs including Great Panther filing a defense to three infraction notices delivered to its Brazilian subsidiary, Mina Tucano Ltda.; and Enbridge Inc. closing a deal whereby an Enbridge subsidiary sold its 38.9% non-operating minority ownership interest in Noverco Inc. to Trencap L.P. LATIN AMERICA […]
Enbridge, Fluxys, EIG Bid For Brazil’s Top Import Pipeline: Sources
(Reuters, 21.May.2021) — A consortium of Canada’s Enbridge, Belgium’s Fluxys and U.S. private equity firm EIG Global Energy Partners has submitted a non-binding offer for Brazil’s largest natural gas import pipeline, three people with knowledge of the matter told Reuters this week. Petroleo Brasileiro SA, as Brazil’s state-run oil company […]
Enbridge Begins U.S.-Mexico Portion of Valley Pipeline
(Reuters, 13.Jun.2018) – Canadian energy company Enbridge Inc. said it started construction of the offshore border crossing section of its US$1.6-billion Valley Crossing natural gas pipeline between Texas and Mexico, according to a federal filing made available on Wednesday. The company said in an e-mail the pipeline remains on track […]