🇺🇸 SECENBRIDGE INCCodex · 实盘不做把握 6/10不做原因:风险收益比不佳
北京时间·🕒 发布 04:04:43待核·⟳ 抓取 04:05:19·⚡ 决策 09-09 05:29:20 +1h24m·48.8 天前
Enbridge宣布CEO Greg Ebel年底退休,Michele Harradence将于2027年接任
这是成熟公用事业/中游能源公司的计划性内部CEO交接,继任者来自核心业务线且原CEO留任顾问,未显示控制权真空、经营分歧、财务指引变化或股东回报变化;短线方向与幅度都不足。
📄 原文ENBRIDGE INC↗ 原文
----- tm2624881d2_8k.htm ----- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT…
不做 Enbridge Inc.(ENB.US)
计划性内部CEO继任没有可量化基本面增量,也没有治理冲突或经营分歧信号,做多/做空均无足够edge。
不做 Enbridge Inc.(ENB.CA)
同一事件映射到加拿大主上市股,但事件方向中性且无新增财务影响,不单独交易。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
一手SEC 8-K和公司新闻稿确认CEO退休及内部继任,但文本强调多年继任规划、连续交接和战略延续;内部KB仅命中同一新闻稿及近期业务背景,未发现该事件带来收入、利润、分红或项目backlog增量。ENB.US近20个交易日收盘大致在49.74至51.57美元区间,事件日收50.48美元,未见需要追随的异常重定价。
消息传播链
- 公司新闻稿宣布Ebel年底退休、Harradence于2027年1月1日接任,并强调内部继任和战略延续。
- 8-K以Item 5.02披露CEO退休与任命事项,并说明离任非因与公司经营、政策或实践存在分歧。市场反应:ENB.US当日收盘50.48美元,近20日未见事件前1-2日异常放量大涨。
关键理由
- 不做多:继任者为内部核心高管且交接期清晰,事件更偏治理连续性确认,不是新增业绩催化。
- 不做空:公司明确称退休非因经营、政策或实践分歧,未触发关键人流失、治理冲突或财务可靠性风险。
- 现有业务量级仍由能源基础设施资产、增长项目backlog和分红/融资能力驱动,CEO交接本身未改变收入或利润基数。
主要风险
- 若后续新CEO同步调整资本配置、项目预算、分红政策或财务指引,需要重新评估。
- 若市场把Ebel离任解读为大型并购或项目执行风险,可能带来短期波动,但本次披露未给出可验证负面事实。
反向证据
- 做多前查反向 · 来源 kb_search · 日期 2026-09-08 · 影响 weakens
KB除同一新闻稿外主要是近期收购/JV和业务背景,未发现CEO交接带来新增财务指引或项目backlog上调。
检索:Enbridge CEO succession Greg Ebel Michele Harradence market reaction business continuity growth backlog valuation 原文 ↗ - 做空前查反向 · 来源 filing · 日期 2026-09-08 · 影响 weakens
8-K明确称Ebel退休基于个人原因且非因公司经营、政策或实践分歧,削弱做空所需的强负面催化。
检索:Enbridge CEO retirement disagreement operations policies practices Michele Harradence succession 原文 ↗
先例如何影响了这次决策
对本次决策的影响:先例不足叠加当前事件基本面增量弱,支持不做而非设置条件单。
方向:未取得足够可锚定首发时点、同机制且高相似的外部先例;经验规则上,计划性内部CEO继任通常只有在改变控制、资本配置、客户信任或经营连续性时才形成强催化。
涨幅量级:没有可用于设定交易级tp/sl的高相似先例。
形态:未能形成有效样本判断是否反复见光死或无反应。
工具执行结果 · 成功 17 · 降级 0 · 失败 0 · 取消 0
- search_processed_events 成功 ? · 0 ms
search_processed_events:agent query=`enbridge greg ebel retirement ceo succession michele harradence effective january 1 2027`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 64.8/72 小时、890 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent query 表达式没有召回候选,不能据此证明消息首发或不是重复;按当前事件继续正常研判。 - fetch_decision_experience 成功 ? · 0 ms
- kb_search 成功 ? · 0 ms
- query_modeling_kb 成功 ? · 0 ms
modeling_kb: 未命中(库快照 2026-07-27 · 11189 格 / 19 页)。 - search_case_library 成功 ? · 0 ms
search_case_library「ENB.US」无历史决策命中(我们过去没在这些标的上决策过,或历史尚未回填)。 - market_clock 成功 ? · 0 ms
- supply_chain_lookup 成功 ? · 0 ms
本地 FactSet Supply Chain 未覆盖该标的 - market_clock 成功 ? · 0 ms
- supply_chain_lookup 成功 ? · 0 ms
本地 FactSet Supply Chain 未覆盖该标的 - supply_chain_lookup 成功 ? · 0 ms
本地 FactSet Supply Chain 未覆盖该标的 - search_case_library 成功 ? · 0 ms
search_case_library「ENB.TO」无历史决策命中(我们过去没在这些标的上决策过,或历史尚未回填)。 - web_search 成功 ? · 0 ms
- web_search 成功 ? · 0 ms
- direct_instrument_candidates 成功 ? · 0 ms
- current_kline 成功 ? · 0 ms
- event_study 成功 ? · 0 ms
no mappable precedent events - kb_search 成功 ? · 0 ms
原文全文
展开原文 · 13,498 字
----- tm2624881d2_8k.htm -----
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported):
September 7, 2026
ENBRIDGE
INC.
(Exact
Name of Registrant as Specified in Charter)
Canada
001-15254
98-0377957
(State
or Other Jurisdiction
of
Incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
200
,
425 - 1st Street S.W.
Calgary
,
Alberta
,
Canada
T2P
3L8
(Address
of Principal Executive Offices) (Zip Code)
1
-
403
-
231-3900
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
¨
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Shares
ENB
New
York Stock Exchange
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On September 7, 2026, Greg Ebel announced his intention to retire as
President and Chief Executive Officer of Enbridge Inc. (“Enbridge” or the “Company”) and from its Board of Directors
(the “Board”) effective December 31, 2026. Concurrent with this announcement, the Board appointed Michele Harradence, currently
Executive Vice President and President, Gas Distribution and Storage of the Company, to succeed Mr. Ebel as President and Chief Executive
Officer effective January 1, 2027. Ms. Harradence has also been appointed to the Board effective January 1, 2027. Mr. Ebel will serve
as an advisor to the Board and Ms. Harradence from January until May, 2027. Mr. Ebel’s decision to retire was based on personal
reasons and not the result of any disagreement relating to the Company’s operations, policies or practices.
Ms. Harradence has led Enbridge’s gas utilities since 2022, including
guiding the integration of the Company’s U.S. utilities businesses. Prior to such appointment, she was Senior Vice-President and
Chief Operations Officer in Enbridge’s Gas Transmission and Midstream business. Ms. Harradence joined Enbridge in 2014 having served
previously in senior leadership roles with Shell Canada.
There is no arrangement or understanding between Ms. Harradence and
any other person pursuant to which she was appointed, and there are no family relationships between Ms. Harradence and any director or
executive officer of the Company or relationships or related transactions between Ms. Harradence and the Company that are required to
be reported.
Item 7.01. Regulation FD Disclosure.
On September 8, 2026, the Company issued a news release announcing
these events. A copy of the Company’s news release is furnished as Exhibit 99.1 hereto and incorporated by reference herein.
The information included in Item 7.01 of this Current Report on Form
8-K, including the attached Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
99.1
News Release of Enbridge Inc. dated September 8, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ENBRIDGE INC.
(Registrant)
Date: September 8, 2026
By:
/s/ David Taniguchi
David Taniguchi
Vice President, Legal & Corporate Secretary
(
Duly Authorized Officer
)
----- tm2624881d2_ex99-1.htm -----
EX-99.1
2
tm2624881d2_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Enbridge Announces Retirement of
Greg Ebel and Names Michele Harradence as President and Chief Executive Officer, Effective January 1, 2027
September 8, 2026
CALGARY, AB, Sept. 8, 2026 /CNW/ - Enbridge
Inc. (TSX: ENB) (NYSE: ENB) today announced that Greg Ebel will retire as President and Chief Executive Officer effective December 31,
2026, and that Michele Harradence has been appointed to succeed him as President and Chief Executive Officer and to the Board of Directors
effective January 1, 2027. Ms. Harradence is currently Enbridge’s Executive Vice-President and President, Gas Distribution
and Storage. Mr. Ebel will remain a member of the Board through his retirement date and serve as an advisor to the Board and Ms. Harradence
from January until May 2027.
The CEO transition comes as Enbridge
continues to deliver on its strategy of expanding its North American energy infrastructure platform, including its liquids pipelines,
gas transmission and storage, natural gas utility and renewable power businesses.
“Few leaders have shaped Enbridge
as profoundly as Greg Ebel. Before becoming President and CEO, Greg played an integral role in the transformational merger of Spectra
Energy and Enbridge. As Board Chair, and then President and CEO, he has been instrumental in securing Enbridge’s $41 billion growth
project backlog, expanding Enbridge’s natural gas platform through the acquisition of three U.S. natural gas utilities from Dominion
Energy, strengthening the company’s financial position, and advancing Enbridge’s voice on energy security, affordability
and competitiveness. On behalf of the Board of Directors, I want to thank Greg for his extraordinary leadership and his many contributions
to Enbridge and our industry. He leaves behind an enduring legacy and a company that is stronger, more diversified and better positioned
for the future,” said Steve Williams, Chair of the Enbridge Board of Directors.
“The Board has tremendous confidence
in Michele and the experience, judgment and strategic leadership she brings to the role of CEO. Her deep commitment to Enbridge’s
people, customers and shareholders, together with her focus on safety, execution and results, make her the right leader to build on this
momentum and guide the company into its next chapter,” said Mr. Williams.
Mr. Ebel joined Enbridge in 2017,
transitioning from President and CEO of Spectra Energy to Chair of the Board of Enbridge with the merger of the two companies. He became
President and CEO in January 2023. Mr. Ebel was honored this year with the Maple Leaf Award of Distinction for his leadership
in the energy sector and for strengthening the business relationships between Canada and the United States.
"It's been an honor to lead Enbridge
and to work alongside the remarkable people who make this company what it is. I am particularly proud of the role we have played in building
today's Enbridge, from the combination of Spectra Energy and Enbridge to the expansion of our natural gas utility business and the continued
growth of our energy infrastructure platform and growth project backlog. Most of all, I'm proud of our people and the culture we've
built together. Colleagues across the organization share a commitment to high performance, being the first choice for those we serve,
and doing the right thing. I have every confidence in our strategy and our people and Michele’s leadership will only serve to enhance
the exciting prospects in front of Enbridge today.”
Ms. Harradence’s appointment
follows a multi-year succession planning process led by the Board and reflects her extensive leadership experience across Enbridge’s
gas distribution and gas transmission and midstream businesses and her previous roles in the oil sands and in refining in Canada.
Ms. Harradence has led Enbridge’s gas utilities since
2022, including guiding the integration of U.S. utility businesses that have helped make Enbridge one of North America’s largest
integrated gas utility platforms, serving 7.2 million homes, schools, hospitals and businesses in Canada and the United States. Prior
to her appointment to the utility, she was Senior Vice-President and Chief Operations Officer in Enbridge’s Gas Transmission and
Midstream business in Houston. She joined Enbridge in 2014 having served previously in senior leadership roles with Shell Canada. Read
her bio
here
.
“Michele is an exceptional leader
whose contributions have helped shape our corporate strategy, strengthen our business and position Enbridge for long-term success,”
said Mr. Ebel. “Enbridge is entering its next chapter from a position of strength, with a highly diversified business, a robust
growth outlook and extraordinary opportunities ahead. As I prepare to retire, I do so with tremendous confidence in Michele, the
leadership team and the company’s continued momentum.”
"I'm incredibly honored by the
Board's trust in me. As we look ahead, Enbridge is exceptionally well positioned, with a portfolio of world-class assets, a strong financial
foundation and growth opportunities across all our businesses. I am excited to work alongside our talented employees and management team
to build on this momentum and advance the safe, reliable and affordable energy our customers depend on,” said Ms. Harradence.
About Enbridge Inc.
At Enbridge, we safely connect millions
of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power
networks and our European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure,
affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in
renewable power. We're advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered
in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To
learn more, visit us at enbridge.com.
Forward-Looking Information
Forward-looking information, or forward-looking
statements, have been included in this news release to provide information about Enbridge, including with regards to CEO succession plans and
Enbridge’s future strategies and growth opportunities. This information may not be appropriate for other purposes. Forward
looking statements are typically identified by words such as ''anticipate'', ''expect'', ''project'', 'estimate'', ''forecast'', ''plan'',
''intend'', ''target'', ''believe'', "likely" and similar words suggesting future outcomes or statements regarding an outlook.
Although Enbridge believes these
forward-looking statements are reasonable based on the information available on the date such statements are made and processes used
to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue
reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and
uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those
expressed or implied by such statements.
Enbridge's forward-looking statements
are subject to risks and uncertainties, including but not limited to those risks and uncertainties discussed in this and in Enbridge's
other filings with Canadian and U.S. securities regulators. The impact of any one risk, uncertainty or factor on a particular forward-looking
statement is not determinable with certainty, as these are interdependent and Enbridge's future course of action depends on management's
assessment of all information available at the relevant time. Except to the extent required by applicable law, Enbridge assumes no obligation
to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information,
future events or otherwise. All forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on Enbridge's
behalf, are expressly qualified in their entirety by these cautionary statements.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Marlon Samuel
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported):
September 7, 2026
ENBRIDGE
INC.
(Exact
Name of Registrant as Specified in Charter)
Canada
001-15254
98-0377957
(State
or Other Jurisdiction
of
Incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
200
,
425 - 1st Street S.W.
Calgary
,
Alberta
,
Canada
T2P
3L8
(Address
of Principal Executive Offices) (Zip Code)
1
-
403
-
231-3900
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
¨
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Shares
ENB
New
York Stock Exchange
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On September 7, 2026, Greg Ebel announced his intention to retire as
President and Chief Executive Officer of Enbridge Inc. (“Enbridge” or the “Company”) and from its Board of Directors
(the “Board”) effective December 31, 2026. Concurrent with this announcement, the Board appointed Michele Harradence, currently
Executive Vice President and President, Gas Distribution and Storage of the Company, to succeed Mr. Ebel as President and Chief Executive
Officer effective January 1, 2027. Ms. Harradence has also been appointed to the Board effective January 1, 2027. Mr. Ebel will serve
as an advisor to the Board and Ms. Harradence from January until May, 2027. Mr. Ebel’s decision to retire was based on personal
reasons and not the result of any disagreement relating to the Company’s operations, policies or practices.
Ms. Harradence has led Enbridge’s gas utilities since 2022, including
guiding the integration of the Company’s U.S. utilities businesses. Prior to such appointment, she was Senior Vice-President and
Chief Operations Officer in Enbridge’s Gas Transmission and Midstream business. Ms. Harradence joined Enbridge in 2014 having served
previously in senior leadership roles with Shell Canada.
There is no arrangement or understanding between Ms. Harradence and
any other person pursuant to which she was appointed, and there are no family relationships between Ms. Harradence and any director or
executive officer of the Company or relationships or related transactions between Ms. Harradence and the Company that are required to
be reported.
Item 7.01. Regulation FD Disclosure.
On September 8, 2026, the Company issued a news release announcing
these events. A copy of the Company’s news release is furnished as Exhibit 99.1 hereto and incorporated by reference herein.
The information included in Item 7.01 of this Current Report on Form
8-K, including the attached Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
99.1
News Release of Enbridge Inc. dated September 8, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ENBRIDGE INC.
(Registrant)
Date: September 8, 2026
By:
/s/ David Taniguchi
David Taniguchi
Vice President, Legal & Corporate Secretary
(
Duly Authorized Officer
)
----- tm2624881d2_ex99-1.htm -----
EX-99.1
2
tm2624881d2_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Enbridge Announces Retirement of
Greg Ebel and Names Michele Harradence as President and Chief Executive Officer, Effective January 1, 2027
September 8, 2026
CALGARY, AB, Sept. 8, 2026 /CNW/ - Enbridge
Inc. (TSX: ENB) (NYSE: ENB) today announced that Greg Ebel will retire as President and Chief Executive Officer effective December 31,
2026, and that Michele Harradence has been appointed to succeed him as President and Chief Executive Officer and to the Board of Directors
effective January 1, 2027. Ms. Harradence is currently Enbridge’s Executive Vice-President and President, Gas Distribution
and Storage. Mr. Ebel will remain a member of the Board through his retirement date and serve as an advisor to the Board and Ms. Harradence
from January until May 2027.
The CEO transition comes as Enbridge
continues to deliver on its strategy of expanding its North American energy infrastructure platform, including its liquids pipelines,
gas transmission and storage, natural gas utility and renewable power businesses.
“Few leaders have shaped Enbridge
as profoundly as Greg Ebel. Before becoming President and CEO, Greg played an integral role in the transformational merger of Spectra
Energy and Enbridge. As Board Chair, and then President and CEO, he has been instrumental in securing Enbridge’s $41 billion growth
project backlog, expanding Enbridge’s natural gas platform through the acquisition of three U.S. natural gas utilities from Dominion
Energy, strengthening the company’s financial position, and advancing Enbridge’s voice on energy security, affordability
and competitiveness. On behalf of the Board of Directors, I want to thank Greg for his extraordinary leadership and his many contributions
to Enbridge and our industry. He leaves behind an enduring legacy and a company that is stronger, more diversified and better positioned
for the future,” said Steve Williams, Chair of the Enbridge Board of Directors.
“The Board has tremendous confidence
in Michele and the experience, judgment and strategic leadership she brings to the role of CEO. Her deep commitment to Enbridge’s
people, customers and shareholders, together with her focus on safety, execution and results, make her the right leader to build on this
momentum and guide the company into its next chapter,” said Mr. Williams.
Mr. Ebel joined Enbridge in 2017,
transitioning from President and CEO of Spectra Energy to Chair of the Board of Enbridge with the merger of the two companies. He became
President and CEO in January 2023. Mr. Ebel was honored this year with the Maple Leaf Award of Distinction for his leadership
in the energy sector and for strengthening the business relationships between Canada and the United States.
"It's been an honor to lead Enbridge
and to work alongside the remarkable people who make this company what it is. I am particularly proud of the role we have played in building
today's Enbridge, from the combination of Spectra Energy and Enbridge to the expansion of our natural gas utility business and the continued
growth of our energy infrastructure platform and growth project backlog. Most of all, I'm proud of our people and the culture we've
built together. Colleagues across the organization share a commitment to high performance, being the first choice for those we serve,
and doing the right thing. I have every confidence in our strategy and our people and Michele’s leadership will only serve to enhance
the exciting prospects in front of Enbridge today.”
Ms. Harradence’s appointment
follows a multi-year succession planning process led by the Board and reflects her extensive leadership experience across Enbridge’s
gas distribution and gas transmission and midstream businesses and her previous roles in the oil sands and in refining in Canada.
Ms. Harradence has led Enbridge’s gas utilities since
2022, including guiding the integration of U.S. utility businesses that have helped make Enbridge one of North America’s largest
integrated gas utility platforms, serving 7.2 million homes, schools, hospitals and businesses in Canada and the United States. Prior
to her appointment to the utility, she was Senior Vice-President and Chief Operations Officer in Enbridge’s Gas Transmission and
Midstream business in Houston. She joined Enbridge in 2014 having served previously in senior leadership roles with Shell Canada. Read
her bio
here
.
“Michele is an exceptional leader
whose contributions have helped shape our corporate strategy, strengthen our business and position Enbridge for long-term success,”
said Mr. Ebel. “Enbridge is entering its next chapter from a position of strength, with a highly diversified business, a robust
growth outlook and extraordinary opportunities ahead. As I prepare to retire, I do so with tremendous confidence in Michele, the
leadership team and the company’s continued momentum.”
"I'm incredibly honored by the
Board's trust in me. As we look ahead, Enbridge is exceptionally well positioned, with a portfolio of world-class assets, a strong financial
foundation and growth opportunities across all our businesses. I am excited to work alongside our talented employees and management team
to build on this momentum and advance the safe, reliable and affordable energy our customers depend on,” said Ms. Harradence.
About Enbridge Inc.
At Enbridge, we safely connect millions
of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power
networks and our European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure,
affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in
renewable power. We're advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered
in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To
learn more, visit us at enbridge.com.
Forward-Looking Information
Forward-looking information, or forward-looking
statements, have been included in this news release to provide information about Enbridge, including with regards to CEO succession plans and
Enbridge’s future strategies and growth opportunities. This information may not be appropriate for other purposes. Forward
looking statements are typically identified by words such as ''anticipate'', ''expect'', ''project'', 'estimate'', ''forecast'', ''plan'',
''intend'', ''target'', ''believe'', "likely" and similar words suggesting future outcomes or statements regarding an outlook.
Although Enbridge believes these
forward-looking statements are reasonable based on the information available on the date such statements are made and processes used
to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue
reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and
uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those
expressed or implied by such statements.
Enbridge's forward-looking statements
are subject to risks and uncertainties, including but not limited to those risks and uncertainties discussed in this and in Enbridge's
other filings with Canadian and U.S. securities regulators. The impact of any one risk, uncertainty or factor on a particular forward-looking
statement is not determinable with certainty, as these are interdependent and Enbridge's future course of action depends on management's
assessment of all information available at the relevant time. Except to the extent required by applicable law, Enbridge assumes no obligation
to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information,
future events or otherwise. All forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on Enbridge's
behalf, are expressly qualified in their entirety by these cautionary statements.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Marlon Samuel
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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