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About
Enbridge, Inc. engages in the provision of gas and oil businesses. It operates through the following segments: Liquid pipelines, gas distribution, gas pipelines processing and energy services, sponsored investments, and corporate. The Liquids Pipelines segment consists of common carrier and contract crude oil, natural gas liquids and refined products pipelines and terminals in Canada and U.S., including Canadian Mainline, Regional Oil Sands System, Southern Lights Pipeline, Spearhead Pipeline, Seaway Crude Pipeline interest and other feeder pipelines. The Gas Distribution segment consists of the company's natural gas utility operations which serve residential, commercial and industrial customers, primarily in central and eastern Ontario as well as northern New York State. The Gas Pipelines, Processing and Energy Services segment consists of investments in natural gas pipelines, processing and green energy projects, the company's commodity marketing businesses and international activities. The Sponsored Investments segment includes the company's ownership interest in Enbridge Energy Partners LP, Alberta Clipper Project and Enbridge Income Fund. The Corporate segment consists of the company's investment in Noverco, Inc., new business development activities, general corporate investments and financing costs not allocated to the business segments. The company was founded on April 30, 1949 and is headquartered in Calgary, Canada. | |||
Description
Enbridge Inc. engages in energy transportation activities in the United States and Canada. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. The Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The Gas Distribution segment operates as a natural gas utility that serves residential, commercial, and industrial customers in Central and Eastern Ontario, and Northern New York State, as well as in Quebec and New Brunswick. The Gas Pipelines and Processing segment holds interests in natural gas pipelines, and gathering and processing facilities, including the Alliance pipeline and the Vector pipeline, as well as transmission and gathering pipelines in the Gulf of Mexico; and the Aux Sable, a natural gas fractionation and extraction facility. The Green Power and Transmission segment engages in the renewable energy projects, such as wind, solar, and geothermal projects with a generating capacity of approximately 1,900 megawatts; and operates waste heat recovery facilities. The Energy Services segment provides energy supply and marketing services to refiners, producers, and other customers; crude oil and NGL marketing services; physical barrel marketing services; and natural gas marketing services. This segment also provides natural gas supply, transportation, balancing, and storage services for third parties. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. |