Company: ENBSF
Filing Date: 2025-06-16
Form Type: 424B5
Source: 0001104659-25-059675
Chunk: 2

Company: ENBRIDGE INC
Filing Date: 2025-06-16
Form: 424B5
Chunk 2
---
 Notes will be direct, unsecured
and unsubordinated obligations of Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP (together, the “Guarantors”),
two of our indirect, wholly-owned subsidiaries, and will rank equally with all of the applicable Guarantor’s existing and future
unsecured and unsubordinated debt. See “Description of the Notes and the Guarantees — Guarantees”.

The 2028 Notes, the 2030 Notes
and the 2035 Notes are each a new issue of securities and, even though the New 2054 Notes will trade interchangeably with the US$800,000,000
aggregate principal amount of the Existing 2054 Notes, no established trading market exists for any of the Notes. The Notes will not be
listed on any automated dealer quotation system, and we do not intend to apply for listing of the Notes on any securities exchange.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

The enforcement by investors of civil liabilities under United States federal securities laws may be affected adversely by the fact that we are incorporated and organized under the laws of Canada, that some or all of our officers and directors are residents of Canada, that some or all of the experts named in this prospectus supplement or the accompanying prospectus are residents of Canada, and that all or a substantial portion of our assets and said persons are located outside the United States.

Investing in the Notes involves
risks. See “Risk Factors” beginning on page S-7 of this prospectus supplement.

|                                  |     | Per  
 2028 
 Note |     |   |     | Total |     |    |     | Per  
 2030 
 Note |     |   |     | Total |     |    |     | Per  
 2035 
 Note |     |   |     | Total |     |    |     | Per  
 New  
 2054 
 Note |     |   |     | Total |     |    |
| Public offering price            |     |      |     | % |     | US$   |     | -1 |     |      |     | % |     | US$   |     | -1 |