Enbridge: Shaping the Future of Canadian Energy Introduction Enbridge, the multinational pipeline and energy company, is now positioning itself as a public service company. This strategic move comes as Enbridge seeks to bolster its distribution sector through the acquisition of three American natural gas distribution companies. While this shift presents exciting opportunities for dividend investors, […]
Enbridge Announces CDN$4.0 Billion Bought-Deal Offering of Common Shares Overview Enbridge Inc., a leading energy infrastructure company based in Calgary, AB, has announced a CDN$4.0 billion bought-deal offering of common shares. The offering will be led by a syndicate of underwriters, including RBC Capital Markets and Morgan Stanley, and is expected to generate proceeds that […]
Enbridge Announces CDN$4.0 Billion Bought-Deal Offering of Common Shares Introduction Enbridge Inc., a major energy infrastructure company based in Calgary, Alberta, has recently made a significant announcement. The company revealed its plan to enter into an agreement with a group of underwriters to sell 89,490,000 common shares. The offering is expected to raise CDN$4 billion, […]
Enbridge Inc. Makes $9.4 Billion Bet on Natural Gas in Acquiring Three U.S. Utilities Overview Canadian pipeline company Enbridge Inc. has announced its plans to acquire three major U.S. utilities for a total of $9.4 billion, in a move that will establish the continent’s largest natural gas utility. The company aims to capitalize on the […]
Enbridge‘s Misleading Study Raises Questions about Gas Network Expansion in Ontario Introduction Enbridge, the Calgary-based fossil fuel company, is facing scrutiny over a key study that supported its application to expand its gas network in Ontario. The study, conducted by consulting firm Guidehouse, erroneously inflated the cost of switching from gas to electricity for heating […]
