Enbridge Gas Inc, based in Ontario, Canada, is a leading natural gas distribution company that was formed as a result of the merger of Enbridge's gas distribution business with Union Gas in 2019. The company aims to provide safe, reliable, and sustainable natural gas services to its residential, commercial, and industrial customers across the province. Enbridge Gas Inc serves more than 3.7 million customers and is dedicated to supporting the transition to a lower-carbon energy future through innovative energy solutions.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Enbridge Gas Inc has a robust history of bond issuances, beginning in the early 2000s as part of its expansion strategy after its formation. Notable recent issuances include a CAD 1.5 billion bond offering in 2021 to finance capital expenditures, which was well received in the market, reflecting strong investor confidence. The current yield on Enbridge Gas bonds is competitive with industry averages, providing investors with an attractive option for income generation. With a focus on maintaining liquidity and financial stability, the company has structured its bonds with various maturities, allowing flexibility for future capital needs.