- Full Time Employees
- 10,900
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 200, Fifth Avenue Place Calgary AB Canada T2P 3L8
- IPO Date
- Oct 22, 2020
- Business
- Enbridge Inc. (Ticker: EBPPF) operates as a leading energy infrastructure company, primarily engaged in the transportation, distribution, and storage of crude oil, natural gas, and renewable energy sources. The company owns and operates the world's longest and largest crude oil and liquids pipeline system, spanning approximately 17,809 miles across Canada and the United States; its natural gas transmission business includes 18,621 miles of pipelines serving markets in North America; natural gas distribution networks deliver to about 3.9 million customers in Canada and the U.S.; and utility operations provide regulated natural gas distribution services. Additional services encompass gas processing and storage facilities, long-term take-or-pay contracts for stable revenue, renewable power generation including wind and solar assets with over 2,500 megawatts of capacity, and emerging hydrogen and carbon capture initiatives. Enbridge serves utilities, refiners, producers, and commercial customers across North America, with operations concentrated in Canada and the United States, and headquarters in Calgary, Alberta, Canada, where it was founded in 1949 [ from previous][ from previous].
In recent developments, Enbridge completed the acquisition of three U.S. natural gas utilities from Dominion Energy in September 2024, significantly expanding its gas distribution footprint to approximately 7 million customers and marking its largest utility acquisition to date [ from previous]. The company also advanced its $1.3 billion Traverse Pipeline project in 2025, enhancing natural gas liquids transportation capacity from the Western Canadian Sedimentary Basin to U.S. Gulf Coast markets. Furthermore, Enbridge formed strategic partnerships for renewable energy growth, including a joint venture with Dominion Energy for offshore wind projects off the U.S. East Coast, and secured CAD 2.8 billion in financing for green energy transitions in early 2025 [ from previous]. These moves align with its strategic shift toward a balanced portfolio of 30% net-zero assets by 2030, amid ongoing expansions in LNG export facilities and carbon transportation networks [ from previous].