CALGARY, May 17, 2018 /CNW/ - Enbridge Inc. (TSX:
ENB) (NYSE: ENB) (Enbridge or the Company) announced today that
none of Enbridge's outstanding Cumulative Redeemable Preference
Shares, Series F (Series F Shares) will be converted into
Cumulative Redeemable Preference Shares, Series G of Enbridge
(Series G Shares) on June 1,
2018.
After taking into account all conversion notices received from
holders of its outstanding Series F Shares by the May 17, 2018 deadline for the conversion of the
Series F Shares into Series G Shares, less than the 1,000,000
Series F Shares required to give effect to conversions into Series
G Shares were tendered for conversion.
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 3.7 million retail customers in Ontario, Quebec, and New
Brunswick. Enbridge also has 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 nine years;
its common shares trade on the Toronto and New
York stock exchanges under the symbol ENB.
Life takes energy and Enbridge exists to fuel people's
quality of life. For more information, visit
www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
|
Investment
Community
|
Suzanne
Wilton
|
Jonathan
Gould
|
Toll Free: (888)
992-0997
|
Toll Free: (800)
481-2804
|
Email:
suzanne.wilton@enbridge.com
|
Email:
investor.relations@enbridge.com
|
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SOURCE Enbridge Inc.