CALGARY, ALBERTA–(Marketwired – Dec. 7, 2017) – Enbridge Inc. (TSX:ENB) (NYSE:ENB) closed its previously announced private placement of 33,456,003 common shares for gross proceeds of approximately CDN$1.5 billion on December 6, 2017.
ABOUT ENBRIDGE INC.
Enbridge Inc. is North America’s premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. The Company safely delivers an average of 2.8 million barrels of crude oil each day through its Mainline and Express Pipeline; accounts for approximately 65% of U.S.-bound Canadian crude oil exports; and moves approximately 20% of all natural gas consumed in the U.S., serving key supply basins and demand markets. The Company’s regulated utilities serve approximately 3.6 million retail customers in Ontario, Quebec, New Brunswick and New York State. Enbridge also has a growing involvement in electricity infrastructure with interests in more than 2,500 MW of net renewable generating capacity in North America and Europe. The Company has ranked on the Global 100 Most Sustainable Corporations index for the past eight years; its common shares trade on the Toronto and New York stock exchanges under the symbol ENB.
Enbridge Inc. – Media
Toll Free: (888) 992-0997
Enbridge Inc. – Investment Community
Toll Free: (800) 481-2804