Enbridge (ENB) Reports In-Line Q2 EPS

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Enbridge Reports Third Quarter Financial Results

November 5, 2015 7:02 AM EST

CALGARY, ALBERTA -- (Marketwired) -- 11/05/15 -- Enbridge Inc. (TSX: ENB)(NYSE: ENB) -

HIGHLIGHTS

(all financial figures are unaudited and in Canadian dollars unless otherwise noted)

-- Third quarter loss was $609 million and nine months loss was $415 million, both including the impact of a number of unusual, non-recurring or non-operating factors -- Third quarter and nine months adjusted earnings were $399 million and $1,372 million, respectively, or $0.47 and $1.62 per common share, respectively -- Third quarter and nine months available cash flow from operations were $668 million and $2,278 million, respectively, or... More

Enbridge Acquires 24.9% Interest in UK Offshore Wind Project

November 5, 2015 6:46 AM EST

CALGARY, ALBERTA -- (Marketwired) -- 11/05/15 -- Enbridge Inc. (TSX: ENB)(NYSE: ENB) (the "Company") today announced the acquisition of a 24.9 percent interest in the 400 megawatt (MW) Rampion Offshore Wind Project (the "project") in the UK. The Company's total investment in the project is expected to be CAD $750 million (GBP 370 million) inclusive of all interest during construction, transaction costs and a development fee. The project was developed and is being constructed by E.ON Climate & Renewables UK Limited, a subsidiary of E.ON SE ("E.ON"), one of the world's... More