Growing Renewable Platform
Accelerating N.A. Onshore Renewables Strategy
TGE Transaction
Completed acquisition of Tri Global Energy (TGE)
Purchase price: US$270MM
• 3.9 GW of projects conditionally sold to 3rd parties
Contracted revenue stream through 2023-2025
-
~3 GW of late-stage development projects
-
US$3B+ of capital opportunity between 2024-2028
Complementary to N.A. Renewables Strategy
✓ Enhances renewable generation capabilities
✓ Supports BTM1 and FTM² strategy
✓ Accretive to DCF/share
✓ Supports Enbridge growth outlook
N.A. Onshore Portfolio
(Net GW)
Pre-Acquisition Portfolio
1.5 GW
0.1 GW
1.3 GW
New
3.0 GW
5.9 GW
Late-stage
Development
ENBRIDGE
>3x
potential
growth in N.A.
renewable
portfolio
Early stage
Development
(1) Behind the Meter; (2) Front of the Meter
In Operation Sanctioned
Existing
Development
TGE Portfolio
Total Portfolio
Accelerating investment in North American renewable generation
Further
development
opportunties
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