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Enbridge Poised to Capitalize on Multiple Growing Energy Demand Themes; Extends Growth Outlook through the End of the Decade; Reaffirms Financial Outlook
Enbridge Poised to Capitalize on Multiple Growing Energy Demand Themes; Extends Growth Outlook th...
About this update from Enbridge Inc.
Enbridge Poised to Capitalize on Multiple Growing Energy Demand Themes; Extends Growth Outlook through the End of the Decade; Reaffirms Financial Outlook /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prngen4{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prnsbbb1{ BORDER-BOTTOM:black 1pt } .prnvab{ VERTICAL-ALIGN: BOTTOM } .prncbts{ BORDER-TOP:black 0.5pt solid } .prnbbbs{ BORDER-BOTTOM:black 0.5pt solid } .prnsblb1{ BORDER-LEFT:black 1pt } .prnsbtb1{ BORDER-TOP:black 1pt } .prnpr2{ PADDING-RIGHT:0.17em } .prnbcc{ BORDER-COLLAPSE: COLLAPSE } .prnrbrb1{ BORDER-RIGHT:black 1pt } .prnpl2{ PADDING-LEFT:0.17em } .prnml4{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT } Canada NewsWire CALGARY, AB , March 4, 2025 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) is reiterating its strategic priorities, demonstrating the visibility of its growth outlook, and reaffirming its financial outlook which will be discussed further at the Company's investor conference today in New York. A virtual broadcast of the event is also available for registered participants ( link ). Highlights Growing secured investment backlog to $29 billion ; $2.5 billion of new accretive investments: Up to $2.0 billion of Mainline capital investment through 2028 to further reliability and efficiency given continuing demands on the system Sanctioned the $0.4 billion Birch Grove brownfield expansion of the T-North Pipeline in British Columbia , adding critical natural gas egress out of the Montney basin, with an expected in-service date in 2028 Sanctioned a $0.1 billion expansion of the T15 project in North Carolina in February, which is expected to double the capacity of the original project Evaluating approximately $50 billion of diversified future investment opportunities through 2030 including, but not limited to: Liquids Pipelines: Mainline optimizations, market access extensions, U.S. Gulf Coast expansions, and lower-carbon opportunities Gas Transmission: Permian and U.S. Gulf Coast expansions and...