Q1 Highlights and Growth Prospects
Q1 Highlights
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High asset utilization
Operations
• Good operational and safety performance
Financial
Execution
☑
Growth
Strong Q1 results
• On track to achieve 2022 full-year EBITDA and DCF/s guidance
⚫ BBB+ credit ratings re-affirmed by S&P and Fitch
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Progressing on $10B1 secured growth program; ~$4B expected in service in 2022
• Modernization; advancing construction activities on 9 compressor stations
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ENBRIDGE®
Sanctioned additional $0.3B ($1.0B YTD) 1 of secured growth projects to date
New
Advancing USGC and Western Canadian LNG export infrastructure strategy
Awarded right to advance development of the proposed Wabamun Carbon Hub
Progressing integrated crude oil and low-carbon strategy at Ingleside Energy Center New
New
On track to achieve full-year guidance; Growth prospects accelerating
(1) Includes growth capital announced February 11, 2022 and May 6, 2022; USD capital has been translated to CAD using an exchange rate of $1 U.S. dollar = $1.25 Canadian dollars
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