Enbridge Inc. Investment Community Presentation April 2018
North Americas Leading Energy Infrastructure Company 2018 EBITDA Outlook Spectra Energy acquisition transitioned by business unit Gas Utilities Enbridge into a diversified liquids and Power natural gas infrastructure company Gas…
2017 Highlights Operational Successful integration of Spectra Energy business DCF/Share 4.45 4.15 Record volume throughput on Liquids Mainline Rock solid performance of US Gas Transmission assets 3.68 12B of new capital projects…
2018 2020 Strategic Priorities 1. Move to pure regulated pipelines/utility model Superior, Focus on core businesses Low Risk Sell or monetize non-core assets Business Model 2. Accelerate de-leveraging 5.0x Debt/EBITDA by end of…
2018 EBITDA1 Growth Consolidated EBITDA1 (MM) 2018 EBITDA1 Guidance 2017 2018e Growth Drivers: 2018e vs 2017 12,500 (MM) + New projects placed into service Liquids Pipelines 5,484 6,350 + Full year of capacity optimization 10,317…
Project Execution Update Liquids Pipelines: Natural Gas: Natural Gas: Line 3, 8.9B* NEXUS, US1.3B Valley Crossing, US1.5B Texas Eastern Edmonton TX Hardisty Kerrobert Regina In service Nueces Construction segments Hub complete…
Approach to Asset Monetization and Sales Target of 3 billion in 2018 Non Core Assets Advancing multiple processes in parallel North American Renewables Canadian Gas Gathering & Processing Monetization/Sales Criteria Midcoast Gas…
FERC Tax Related Matters FERC Announcement Implications On March 15, FERC announced 3 separate EEP Revised DCF guidance down by 80M (on an annualized .basis) reflecting no tax allowance in cost of service rates income tax orders and…
Summary 2017 was a transformational year Successfully diversified the business Strategic plan in place Focus on pipeline and utility-like assets Minimize cash flow volatility Leverage footprint for organic growth 2018 key…