CALGARY, Feb. 14, 2018 /PRNewswire/ - Enbridge Inc. (TSX:
ENB) (NYSE: ENB) (Enbridge or the Company) announced today that
after having taken into account all conversion notices received
from holders of its outstanding Cumulative Redeemable Preference
Shares, Series D (Series D Shares) by the February 14, 2018 deadline for the conversion of
the Series D Shares into Cumulative Redeemable Preference Shares,
Series E of Enbridge (Series E Shares), less than the 1,000,000
Series D Shares required to give effect to conversions into Series
E Shares were tendered for conversion. As a result, none of
Enbridge's outstanding Series D Shares will be converted into
Series E Shares on March 1, 2018.
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
Suzanne Wilton
Toll Free: (888) 992-0997
Email: suzanne.wilton@enbridge.com
Investment Community
Jonathan Gould
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
SOURCE Enbridge Inc.