Company: ENBSF
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001104659-25-114102
Chunk: 1

Company: ENBRIDGE INC
Filing Date: 2025-11-19
Form: 424B5
Chunk 1
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 Optional Redemption”. We
may also redeem any series of the Notes, in whole at any time, if certain changes affecting Canadian withholding taxes occur. See “Description
of the Notes and the Guarantees — Redemption — Tax Redemption”.

The Notes will be our direct,
unsecured and unsubordinated obligations and will rank equally with all of our existing and future unsecured and unsubordinated debt.
See “Description of the Notes and the Guarantees — General”. The guarantees of the Notes will be direct, unsecured
and unsubordinated obligations of Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP (together, the “Guarantors”),
two of our indirect, wholly-owned subsidiaries, and will rank equally with all of the applicable Guarantor’s existing and future
unsecured and unsubordinated debt. See “Description of the Notes and the Guarantees — Guarantees”.

Each series of the Notes is
a new issue of securities with no established trading market. The Notes will not be listed on any automated dealer quotation system, and
we do not intend to apply for listing of the Notes on any securities exchange.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

The enforcement by investors of civil liabilities under United States federal securities laws may be affected adversely by the fact that we are incorporated and organized under the laws of Canada, that some or all of our officers and directors are residents of Canada, that some or all of the experts named in this prospectus supplement or the accompanying prospectus are residents of Canada, and that all or a substantial portion of our assets and said persons are located outside the United States.

Investing in the Notes involves
risks. See “Risk Factors” beginning on page S-6 of this prospectus supplement.

|                                  |     | Per 2028 Note |        |   |     | Total |             |    |     | Per 2031 Note |        |   |     | Total |             |    |     | Per 2035 Note |        |   |     | Total |             |    |
| Public offering price            |     |               | 99.894 | % |     | US$   | 499,470,000 | -1