Enbridge Operations and Financial Update
Financial Dashboard
EENBRIDGE
Strength and Flexibility
Credit Metrics
Asset Sales1
BBB+
Ratings Reaffirmed
~$9B
since 2018
Cash Flow Resilience
Investment Grade
Customers2
Percent Regulated,
Take-or-pay, CTS3
95%
of customers
98%
of EBITDA
Predictable Growth
2021 Financial
Results on Track
Growth Capital
In-service
$13.9-
14.3B
of EBITDA
~$10B
in 2021
Available Liquidity
~$10B
Commercial Inflation
Protections
80%
at Q3, 2021
of EBITDA
Annual Investment
Capacity4 2022+
$5-6B
2022+
Execution on financial priorities provides a solid foundation for 2022+ growth
(1) Includes $1.1B Noverco divestiture subject to closing in late 2021 or early 2022 (2) Consists of investment grade or equivalent
(3) Competitive toll settlement (4) Annual Investable Capacity is generated from distributable cash flow, net of common share dividend requirements plus incremental debt capacity from EBITDA generated by capital investment
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