Company: ENBSF
Filing Date: 2025-06-18
Form Type: 424B5
Source: 0001104659-25-060642
Chunk: 7

Company: ENBRIDGE INC
Filing Date: 2025-06-18
Form: 424B5
Chunk 7
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 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, financing and timing of our acquisitions, dispositions and other transactions, including the anticipated benefits
of the acquisitions of three United States gas utilities (the “Gas Utilities”) from Dominion Energy, Inc. (the “Acquisitions”);
expected future actions of regulators and courts, government trade policies, including possible impacts of potential and announced tariffs,
duties, fees, economic sanctions, or other trade measures and the timing and impact 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 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 impacts 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.

| S-iii |

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