Company: ENBSF
Filing Date: 2025-06-18
Form Type: 424B5
Source: 0001104659-25-060642
Chunk: 77

Company: ENBRIDGE INC
Filing Date: 2025-06-18
Form: 424B5
Chunk 77
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 indebtedness and financing capital expenditures, investments
and working capital requirements of the Corporation. Specific information about the use of proceeds from the sale of any Securities will
be set forth in a Prospectus Supplement. The Corporation may invest funds that it does not immediately require in short-term marketable
debt securities. The Corporation expects that it may, from time to time, issue securities other than pursuant to this Prospectus.

The net proceeds to be received
by the Corporation from the sale of the Securities from time to time under this Prospectus are not expected to be applied to fund any
specific project. The Corporation’s overall corporate strategy and major initiatives supporting its strategy are summarized in
the Annual Report, which is incorporated by reference herein.

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DESCRIPTION OF DEBT SECURITIES AND GUARANTEES</div>

In this section, the terms
“Corporation” and “Enbridge” refer only to Enbridge Inc. and not to its subsidiaries, partnerships
interests or joint venture investments. The following description sets forth certain general terms and provisions of the debt securities
and guarantees. The Corporation will provide particular terms and provisions of a series of debt securities and a description of how
the general terms and provisions described below may apply to that series in a Prospectus Supplement. Prospective investors should rely
on information in the applicable Prospectus Supplement if it is different from the following information.

Indenture

The debt securities will
be issued under an indenture dated February 25, 2005, as amended and supplemented from time to time (the indenture as amended and
supplemented, the “Indenture”), between Enbridge, SEP, a wholly owned subsidiary of Enbridge, as guarantor, EEP, a
wholly owned subsidiary of Enbridge, as guarantor (each of SEP and EEP a “Guarantor”) and Deutsche Bank Trust Company
Americas, as trustee. Debt securities issued under the Indenture will not be offered or sold to persons in Canada pursuant to this Prospectus.
The following summary of certain provisions of the Indenture and the debt securities issued thereunder does not purport to be complete
and is qualified in its entirety by reference to the actual provisions of the Indenture.

The Corporation may issue
debt securities and incur additional indebtedness other than through an offering of debt securities pursuant to this Prospectus.

The Indenture does not limit
the aggregate principal amount of debt securities which may be issued under the Indent