Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 17

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 17
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(Canadian dollars, unless stated otherwise)GAS TRANSMISSION1.Texas Eastern Venice Extension3100 %US$0.5 billionUS$423 millionIn service20242.Texas Eastern Modernization100 %US$0.4 billionUS$124 millionUnder construction2025 - 20263.T-North Expansion (Aspen Point)100 %$1.2 billion$270 millionPre-construction20264.Tennessee Ridgeline Expansion100 %US$1.1 billionUS$217 millionPre-construction20265.Woodfibre LNG430 %US$1.5 billionUS$649 millionUnder construction20276.T-South Expansion (Sunrise)100 %$4.0 billion$190 millionPre-construction20287.Canyon System Pipelines100 %US$0.7 billionUS$5 millionPre-construction2029GAS DISTRIBUTION AND STORAGE8.Moriah Energy Center5100 %US$0.6 billionUS$207 millionUnder construction20279.T15 Reliability Project5,6100 %US$0.7 billionUS$9 millionPre-construction2027-2028RENEWABLE POWER GENERATION10.Fox Squirrel Solar50 %US$0.6 billionUS$541 millionIn service202411.Sequoia Solar100 %US$1.1 billionUS$420 millionVarious stages2025 - 202612.Calvados Offshore Wind721.7 %$1.0 billion$426 millionUnder construction2027(€0.6 billion)(€294 million)

1These amounts are estimates and are subject to upward or downward adjustment based on various factors. Where appropriate, the amounts reflect our share of joint venture projects.

2Expenditures to date and status of the project are determined as at December 31, 2024.

3Includes the US$37 million Gator Express Project placed into service in August 2023. Total estimated capital cost consists of the reversal and expansion of Texas Eastern's Line 40.

4Our equity contribution is approximately US$0.9 billion, with the remainder financed through non-recourse project level debt. Capital cost estimates will be updated in 2025, at which point Enbridge's preferred return will be set.

5Previously approved PSNC projects that were acquired by Enbridge through the Acquisitions. 

6Includes approved capital costs for the second phase of the project which involves installation of additional compression to add capacity and