Company: ENBSF
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001104659-25-114102
Chunk: 6

Company: ENBRIDGE INC
Filing Date: 2025-11-19
Form: 424B5
Chunk 6
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benefits of the acquisitions of three United States gas utilities (the “U.S. Gas Utilities”) from Dominion Energy, Inc.
(the “Acquisitions”); expected future actions of regulators and courts; government trade policies and potential 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 the Corporation’s commercially secured growth program;
expected future growth, development and expansion opportunities; expected optimization and efficiency opportunities; expectations about
the Corporation’s 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 impact 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;
this offering, including the closing date thereof and the expected use of proceeds; the Corporation’s intention not to list the
Notes on any stock exchange or other market and our assessment of the potential impact of the various risk factors identified in this
prospectus supplement and the accompanying prospectus, including the documents incorporated by reference into this prospectus supplement
and the accompanying prospectus.

<div align='center'>S-iii</div>

Although the Corporation believes
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 are cautioned against placing undue
reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and
uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed
or implied by such statements. Material assumptions include assumptions about the following: the expected supply of, demand for, export
of and prices of crude oil, natural gas, NGL, LNG, RNG and renewable energy; anticipated utilization of assets; exchange rates; inflation;
interest rates; tariffs and trade policies; availability and price of labor and construction materials; the stability of the Corporation’s
supply chain; operational reliability; maintenance of support and regulatory approvals for the Corporation’s projects and transactions;
anticipated in