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Enbridge Announces the Closing of CDN$1.5 Billion of Common Shares by Private Placement


FOR: ENBRIDGE INC.
NYSE SYMBOL: ENB
TSX SYMBOL: ENB

Date issue: December 07, 2017
Time in: 9:27 AM e

Attention:

CALGARY, ALBERTA--(Marketwired - Dec. 7, 2017) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) closed its previously announced private placement of 33,456,003 common shares for gross proceeds of approximately CDN$1.5 billion on December 6, 2017.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

ABOUT ENBRIDGE INC.

Enbridge Inc. is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. The Company safely delivers an average of 2.8 million barrels of crude oil each day through its Mainline and Express Pipeline; accounts for approximately 65% of U.S.-bound Canadian crude oil exports; and moves approximately 20% of all natural gas consumed in the U.S., serving key supply basins and demand markets. The Company's regulated utilities serve approximately 3.6 million retail customers in Ontario, Quebec, New Brunswick and New York State. Enbridge also has a growing involvement in electricity infrastructure with interests in more than 2,500 MW of net renewable generating capacity in North America and Europe. The Company has ranked on the Global 100 Most Sustainable Corporations index for the past eight years; its common shares trade on the Toronto and New York stock exchanges under the symbol ENB.

- END RELEASE - 07/12/2017

For further information:
Enbridge Inc. - Media
Suzanne Wilton
Toll Free: (888) 992-0997
Email: [email protected]
OR
Enbridge Inc. - Investment Community
Jonathan Gould
Toll Free: (800) 481-2804
Email: [email protected]

COMPANY:
FOR: ENBRIDGE INC.
NYSE SYMBOL: ENB
TSX SYMBOL: ENB

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20171207CC0014

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.



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