Company: ENBSF
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001104659-25-114102
Chunk: 72

Company: ENBRIDGE INC
Filing Date: 2025-11-19
Form: 424B5
Chunk 72
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 determined using U.S. generally accepted accounting principles
(“U.S. GAAP”). Except as set forth under “Description of Debt Securities and Guarantees” and “Description of Share Capital”, and unless the context otherwise requires, all references in this Prospectus and any Prospectus Supplement
to “Enbridge”, the “Corporation”, “we”, “us” and “our”
mean Enbridge Inc. and its subsidiaries, partnership interests and joint venture investments.

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Note Regarding Forward-Looking Statements</div>

This Prospectus, including the documents incorporated
by reference into this Prospectus, contain both historical and forward-looking statements within the meaning of Section 27A of the
U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and Section 21E of the U.S. Securities Exchange
Act of 1934, as amended (the “U.S. Exchange Act”), and forward-looking information within the meaning of Canadian securities
laws (collectively, “forward-looking statements”). This information has been included to provide information about
the Corporation and its subsidiaries and affiliates, including management’s assessment of the Corporation’s and its subsidiaries’
future plans and operations. This information may not be appropriate for other purposes. Forward-looking statements are typically identified
by words such as “anticipate”, “believe”, “estimate”, “expect”, “forecast”,
“intend”, “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