Enbridge closes CDN$3.0 billion common equity offering

Canada NewsWire

CALGARY, AB , Sept. 14, 2026 /CNW/ -- Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") today announced it has closed its previously announced public offering (the Offering) of common shares by a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets, and including Scotiabank, BMO Capital Markets, TD Securities Inc., and National Bank of Canada Capital Markets as joint bookrunners. Enbridge issued 44,735,000 common shares inclusive of 5,835,000 common shares issued pursuant to the full exercise of the underwriters' over-allotment option. Gross proceeds from the Offering are approximately CDN$3.0 billion.

Enbridge intends to use the net proceeds from the Offering to partially fund announced acquisitions and to create financial flexibility to fund potential future growth opportunities. A portion of the net proceeds of the Offering may be temporarily used to reduce indebtedness or invested in short-term liquid investments.

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.

Access to the Canadian prospectus supplement in respect of the Offering (the "Canadian Prospectus Supplement"), the corresponding base shelf prospectus (the "Canadian Prospectus") and any amendment to these documents is provided in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment. Copies of both the Canadian Prospectus and the Canadian Prospectus Supplement are available on SEDAR+ (http:// www.sedarplus.ca ). Copies of both the prospectus (the "U.S. Prospectus") included in Enbridge's automatic shelf registration statement on Form S-3 (File No. 289186) filed with the U.S. Securities and Exchange Commission (the "SEC") and the related prospectus supplement to the U.S. Prospectus for the Offering (the "U.S. Prospectus Supplement") are available on the SEC website (http:// www.sec.gov ). Potential investors can request, without charge, electronic or paper copies of the Canadian Prospectus and Canadian Prospectus Supplement from RBC Dominion Securities Inc., 180 Wellington Street West, 8th Floor, Toronto, ON M5J 0C2, Attention: Distribution Centre via email at Distribution RBCDS@rbccm.com, or from CIBC Capital Markets, 161 Bay Street, 5th Floor, Toronto, ON M5J 2S8, or via telephone: 1-416 956-6378, or via email at Mailbox.CanadianProspectus@cibc.com. Potential investors can request, without charge, electronic or paper copies of the U.S. Prospectus and U.S. Prospectus Supplement from RBC Capital Markets, LLC, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, Attention: Equity Syndicate, or via telephone: 877-822-4089, or via email at equityprospectus@rbccm.com, or CIBC Capital Markets, 161 Bay Street, 5th Floor, Toronto, ON M5J 2S8, or via telephone at 1-416-956-6378, or via email at Mailbox.USProspectus@cibc.com .