Company: ENBSF
Filing Date: 2025-11-17
Form Type: 424B5
Source: 0001104659-25-112992
Chunk: 71

Company: ENBRIDGE INC
Filing Date: 2025-11-17
Form: 424B5
Chunk 71
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”, “likely”, “plan”, “project”, “target” and similar words suggesting
future outcomes or statements regarding an outlook. Forward-looking information or statements included or incorporated by reference in
this Prospectus include, but are not limited to, statements with respect to the following: our corporate vision and strategy, including
strategic priorities and enablers; expected supply of, demand for, exports of and prices of crude oil, natural gas, natural gas liquids
(“NGL”), liquefied natural gas (“LNG”), renewable natural gas (“RNG”) and renewable
energy; energy transition and lower-carbon energy, and our approach thereto; environmental, social, governance and sustainability goals,
practices and performance; industry and market conditions; anticipated utilization of our assets; dividend growth and payout policy; financial
strength and flexibility; expectations on sources of liquidity and sufficiency of financial resources; expected strategic priorities and
performance of the Liquids Pipelines, Gas Transmission, Gas Distribution and Storage and Renewable Power Generation businesses; the characteristics,
anticipated benefits, financing and timing of our acquisitions, dispositions and other transactions, including the anticipated benefits
of the acquisitions of three U.S. gas utilities (“U.S. Gas Utilities”) from Dominion Energy, Inc. (the “Acquisitions”);
expected future actions of regulators and courts, government trade policies, as well as possible impacts of potential and announced tariffs,
duties, fees, economic sanctions, or other trade measures and the timing thereof; expected costs, benefits and in-service dates related
to announced projects and projects under construction; expected capital expenditures; investable capacity and capital allocation priorities;
expected equity funding requirements for our commercially secured growth program; expected future growth, development and expansion opportunities;
expected optimization and efficiency opportunities; expectations about our joint venture partners’ ability to complete and finance
projects under construction; our ability to successfully integrate the U.S. Gas Utilities; expected closing of acquisitions, dispositions
and other transactions and the timing thereof; toll and rate cases discussions and proceedings and anticipated outcomes, timelines and
impacts therefrom, including those relating to the Gas Transmission and Gas Distribution and Storage businesses; operational, industry,
regulatory, climate change and other risks associated with our businesses; and our assessment of the potential impact of the various risk
factors identified herein.

Although we believe these forward-looking statements
are reasonable based on the information available on the date such statements are made and processes used to prepare the information,
such statements are not guarantees of future performance and readers