CALGARY,
AB, May 17, 2023 /CNW/ - Enbridge Inc. (TSX:
ENB) (NYSE: ENB) (Enbridge) announced today that none of its
outstanding Cumulative Redeemable Preference Shares, Series 1
(Series 1 Shares) will be converted into Cumulative Redeemable
Preference Shares, Series 2 (Series 2 Shares) on June 1, 2023.
After taking into account all conversion notices received from
holders of its outstanding Series 1 Shares by the May 17, 2023 deadline for the conversion of the
Series 1 Shares into Series 2 Shares, less than the 1,000,000
Series 1 Shares required to give effect to conversions into Series
2 Shares were tendered for conversion.
About Enbridge
Inc.
At Enbridge, we safely connect millions of people to the
energy they rely on every day, fueling quality of life through our
North American natural gas, oil or renewable power networks and our
growing European offshore wind portfolio. We're investing in modern
energy delivery infrastructure to sustain access to secure,
affordable energy and building on two decades of experience in
renewable energy to advance new technologies including wind and
solar power, hydrogen, renewable natural gas and carbon capture and
storage. We're committed to reducing the carbon footprint of the
energy we deliver, and to achieving net zero greenhouse gas
emissions by 2050. Headquartered in Calgary, Alberta,
Enbridge's common shares trade under the symbol ENB on
the Toronto (TSX) and New York (NYSE) stock
exchanges. To learn more, visit us
at enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc.