Company: ENBSF
Filing Date: 2025-06-16
Form Type: 424B5
Source: 0001104659-25-059675
Chunk: 66

Company: ENBRIDGE INC
Filing Date: 2025-06-16
Form: 424B5
Chunk 66
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 activity to which this prospectus supplement relates is available
only to relevant persons and will be engaged in only with relevant persons. This document relates to an “Exempt Offer” within
the meaning of section 61(3)(a) of the FSMR and Rule 4.3.1 of the Market Rules of the Financial Services Regulatory Authority
or otherwise in circumstances which do not require the publication of an “Approved Prospectus” (as defined in section 61(2) of
the FSMR).

| S-46 |

Notice to Prospective Investors in the Republic of Italy

The offering of the Notes
has not been registered with the Commissione Nazionale per le Società e la Borsa (CONSOB) pursuant to Italian securities
legislation and, accordingly, no Notes may be offered, sold or delivered, nor may copies of this prospectus supplement or of any other
document relating to the Notes be distributed in the Republic of Italy, except:

| (a) | to qualified investors (investitori qualificati), as defined pursuant to Article 2 of the Prospectus Regulation and any applicable provision of Legislative Decree No. 58 of 24 February, 1998, as amended (the Financial Services Act) and Italian CONSOB regulations; or |

| (b) | in other circumstances which are exempted from the rules on public offerings pursuant to Article 1 of the Prospectus Regulation, Article 34-ter of Regulation No. 11971 of 14 May 1999, as amended from time to time (Regulation No. 11971), and the applicable Italian laws. |

Any offer, sale or delivery of the Notes or distribution
of copies of this prospectus supplement or any other document relating to the Notes in the Republic of Italy under (a) or (b) above
must:

| (i) | be made by an investment firm, bank or financial intermediary permitted to conduct such activities in the Republic of Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of 15 February, 2018 (as amended from time to time) and Legislative Decree No. 385 of 1 September 1993, as amended (the Banking Act); and |

| (ii) | comply with any other applicable laws and regulations or requirement imposed by CONSOB, the Bank of Italy (including the reporting requirements, where applicable, pursuant to Article 129 of the Banking Act, as amended, and the