In the face of changing energy landscapes, changing energy appetites and changing energy needs, Enbridge offers four opportunity-rich franchises—and C$50 billion in growth opportunities through 2030.
Today, during Enbridge’s 2025 Enbridge Day investor community conference in New York, we again demonstrated the unique scale, connectivity and diversification of our businesses—as we announced a significant suite of accretive new capital investments and opportunities that position Enbridge to grow through the end of the decade.
We also reaffirmed our 2025 full-year financial guidance—adjusted EBITDA of C$19.4 to C$20 billion, and DCF per share of C$5.50 to C$5.90—as a reinforcement of the confidence we have in the growth prospects tied to our fundamentals.
“Growing demand for all forms of energy is creating opportunities across all four of our franchises, emphasizing the value of scale and diversification,” remarked Greg Ebel, Enbridge’s President and CEO. “Reliable cash flows and our visible growth outlook are expected to support consistent dividend increases and predictable capital returns to shareholders.”
Enbridge today announced C$2.5 billion in new accretive investments. They include:
- Liquids Pipelines (LP): An investment of up to C$2 billion in our Mainline pipeline network to support system reliability and the growing need for pipeline egress out of the oil-rich Canadian province of Alberta.
- Gas Transmission: Sanctioning the C$0.4-billion Birch Grove brownfield expansion of our T-North system in the Canadian province of British Columbia, enhancing critical natural gas egress from northern B.C. and further supporting liquefied natural gas (LNG) exports off Canada’s West Coast.
- Gas Distribution and Storage: Sanctioning a C$0.1-billion second phase of the T15 project in North Carolina, a project expected to double the capacity of natural gas delivered to Duke’s Roxboro plant, supporting its transition to gas-fired generation.
“Enbridge will continue to be disciplined as we continuously high-grade our $50-billion opportunity set through the end of the decade,” said Mr. Ebel. “Rigorous investment criteria, including project-specific hurdle rates and low-risk commercial models, allow us to capture strong risk-adjusted returns and maximize value for our investors.”
