CALGARY, AB, Dec. 16, 2020 /CNW/ - Enbridge Inc. (TSX:
ENB) (NYSE: ENB) (Enbridge or the Company) announced today that
Westcoast Energy Inc. ("Westcoast") intends to exercise its right
to redeem all of its outstanding Cumulative 5-Year Minimum
Rate Reset Redeemable First Preferred Shares, Series 10 ("Series 10
Shares") on January 15, 2021 at a
price of $25.00 per Series 10 Share,
together with all accrued and unpaid dividends, if any.
Beneficial holders who are not directly the registered holders
of the Series 10 Shares should contact the financial institution,
broker or other intermediary through which they hold these shares
to confirm how they will receive their redemption proceeds.
Inquiries from registered shareholders should be directed to
Westcoast's Registrar and Transfer Agent, Computershare Investor
Services Inc., at 1 800-564-6253 (Canada and United
States) or 1-514-982-7555 (Outside North America).
Westcoast Energy Inc. is an indirect subsidiary of Enbridge
Inc.
About Enbridge Inc.
Enbridge Inc. is a leading North American energy
infrastructure company. We safely and reliably deliver the energy
people need and want to fuel quality of life. Our core businesses
include Liquids Pipelines, which transports approximately 25
percent of the crude oil produced in North America; Gas Transmission and Midstream,
which transports approximately 20 percent of the natural gas
consumed in the U.S.; Gas Distribution and Storage, which serves
approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which
generates approximately 1,750 MW of net renewable power in
North America and Europe. The Company's common shares trade on
the Toronto and New York stock exchanges under the symbol ENB.
For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Jesse Semko
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Jonathan Morgan
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
SOURCE Enbridge Inc.