Enbridge Inc, founded in 1949 and headquartered in Calgary, Alberta, is a leading Canadian energy infrastructure company focused on the transportation of crude oil and natural gas. The company operates an extensive network of pipelines and storage facilities, providing critical energy delivery services across North America.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Enbridge has a longstanding history of bond issuances, dating back to at least the early 1990s when it first entered the public debt market. Notably, Enbridge issued a $1 billion bond in 2019 to fund its capital expenditure plans, part of its strategy to enhance infrastructure and bolster cash flow. As of late 2023, Enbridge's bonds have yielded around 5.5%, competitive within the energy sector, reflecting investor confidence in its stable revenue streams. The company is also known for its green bonds, which are specifically earmarked for environmentally sustainable projects, highlighting its commitment to transition toward renewable energy solutions.