Growing Renewable Platform
Secured Organic Capital Program
Project
Modernization Program
Expected ISD
Capital ($B)
2.2 USD
ENBRIDGE®
2022-2025
Other Expansions
Secured Capital
2022-2025
0.5 USD
($ Billions by in service date)
Venice Extension¹
2023-2024
0.4 USD
Gas Transmission
T-North Expansion (Aspen Point)
$10.4
2026
1.2 CAD
Woodfibre LNG²
2027
1.5 USD
T-South Expansion
2028 New
3.6 CAD
Distribution System
2022-2024
1.8 CAD
Gas Distribution
& Storage
Renewable Power
& New Energies
New Connections/Expansions
RNG Projects
East-West Tie-Line
Solar Self-Powering
Saint-Nazaire Offshore4
Fécamp Offshore4
Transmission/Storage Assets³
2022-2024
0.8 CAD
2022-2024
0.8 CAD
Added
~$8B
of newly secured
capital in
2022
2025-2026 New
0.1 CAD
In Service
0.2 CAD
$3.8
2023-2024
0.2 USD
Late 2022
0.9 CAD
$3.1
2023
0.7 CAD
Calvados Offshore4
2025
0.9 CAD
Provence Grand Large
2023
0.1 CAD
Liquids Pipelines
Ingleside Phase VI (Storage)
2024 New
0.1 USD
Total Secured Capital Program
Capital Spent to Date
~$17B5,6
~$4B7
2022
Previously Sanctioned
2023
2024+
Newly Sanctioned in 2022
Growing secured capital program
(1) Inclusive of Gator Express Meter Project; (2) Project will be financed through a US$0.7B equity contribution and Enbridge's proportionate share of non-recourse project level debt which is US$0.6B and includes $0.2B of capitalized interest;
(3) Includes Panhandle expansion; (4) Enbridge's equity contribution will be $0.2B for Saint-Nazaire, $0.1B for Fécamp and $0.15B for Calvados; (5) Rounded, USD capital translated at $1 U.S. dollar = $1.25 Canadian dollars. Euro capital
translated at €1 Euro = $1.55 Canadian dollars.; (6) Secured capital program (net of project financing) $14B; (7) As at September 30, 2022
21View entire presentation