- Business
- Enbridge Inc. is a leading North American energy infrastructure company that operates the continent's largest liquids pipeline system, transporting approximately 25% of crude oil produced in North America; extensive natural gas transmission and midstream networks handling about 20% of U.S. natural gas consumption; North America's largest natural gas utility serving 3.8 million residential, commercial and industrial customers primarily in Ontario and Quebec; renewable power generation assets including wind, solar, geothermal, waste heat recovery and transmission facilities producing electricity for nearly 2 million homes; and energy services encompassing physical commodity marketing, logistics and refinery supply. The company maintains approximately 18,000 miles of active liquids pipelines, natural gas pipelines connecting key supply basins to population centers and LNG export facilities, gas storage operations such as Aitken Creek facilities, and the Enbridge Ingleside Energy Center, the largest U.S. crude oil storage and export terminal by volume in Corpus Christi, Texas. Founded in 1949 and headquartered in Calgary, Alberta, Canada, Enbridge conducts operations across Canada, the United States and select international markets including Europe for offshore wind. In recent developments, Enbridge completed a transformative $19 billion acquisition of three U.S. gas utilities--Public Service Company of North Carolina in October 2024, Questar Gas Company in June 2024, and The East Ohio Gas Company in March 2024--positioning it as the owner of North America's largest natural gas utility franchise; sold its interests in Alliance Pipeline and Aux Sable in April 2024; formed a joint venture with WhiteWater/I Squared Capital and MPLX LP in March 2024 to connect Permian Basin natural gas to LNG and U.S. Gulf Coast demand; sanctioned pipelines supporting bp's U.S. Gulf of Mexico deepwater development in October 2024; and advanced renewable projects such as the full operation of France's Fécamp offshore wind farm in May 2024 and a 200-megawatt wind project with First Nations and Métis partners in Saskatchewan in June 2024.