Company: ENBSF
Filing Date: 2025-06-16
Form Type: 424B5
Source: 0001104659-25-059675
Chunk: 73

Company: ENBRIDGE INC
Filing Date: 2025-06-16
Form: 424B5
Chunk 73
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; expected strategic priorities and performance of the Liquids
Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation and Energy Services businesses; expected
costs and benefits related to announced projects and projects under construction; expected in-service dates for announced projects and
projects under construction and for maintenance; expected capital expenditures, expected equity funding requirements for our commercially
secured growth program; expected future growth and expansion opportunities; expectations about our joint venture partners’ ability
to complete and finance projects under construction; expected future actions of regulators and courts; and toll and rate cases discussions
and filings, including those relating to Gas Transmission and Midstream and Gas Distribution and Storage.

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 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 COVID-19 pandemic and the duration and impact thereof; the expected supply of and demand for crude oil, natural gas, NGL and
renewable energy; prices of crude oil, natural gas, NGL and renewable energy; energy transition; anticipated utilization of assets;
exchange rates; inflation; interest rates; availability and price of labor and construction materials; operational reliability;
customer and regulatory approvals; maintenance of support and regulatory approvals for our projects; anticipated in- service dates;
weather; the timing and closing of acquisitions and dispositions; the realization of anticipated benefits and synergies of
transactions; governmental legislation; litigation; estimated future dividends and impact of our dividend policy on our future cash
flows; our credit ratings; capital project funding; hedging program; expected EBITDA; expected earnings/(loss); expected future cash
flows; and expected distributable cash flow. Assumptions regarding the expected supply of and demand for crude oil, natural gas, NGL
and renewable energy, and the prices of these commodities, are material to and underlie all forward-looking statements, as they may
impact current and future levels of demand for our services. Similarly, exchange rates, inflation and interest rates and the
COVID-19 pandemic impact the economies and business environments in which we operate and may impact levels of