Enbridge Inc. closed a public offering of common shares on September 14, 2026, raising approximately $3 billion in gross proceeds. The offering was first announced on September 9, 2026 as a bought-deal transaction for 38,900,000 common shares at $66.85 per share, for gross proceeds of approximately $2.6 billion, led by a syndicate of underwriters headed by RBC Capital Markets and CIBC Capital Markets, with Scotiabank, BMO Capital Markets, TD Securities Inc., and National Bank of Canada Capital Markets as joint bookrunners. An underwriting agreement was entered into on September 10, 2026. The underwriters were granted an over-allotment option for up to 5,835,000 additional shares, which they exercised in full, bringing total shares issued to 44,735,000 and gross proceeds to approximately $3 billion. The offering was made concurrently in Canada, under a short form base shelf prospectus and prospectus supplement filed on SEDAR+, and in the United States, under an effective shelf registration statement on Form S-3 (File No. 333-289186) and a 424B5 prospectus supplement filed with the SEC. Enbridge stated it intends to use net proceeds to partially fund previously announced acquisitions (including the Tallgrass Energy and Salt Creek Midstream transactions) and to create financial flexibility for future growth. The U.S. prospectus supplement's "Validity of Common Shares" section identifies McCarthy Tétrault LLP (Calgary) and Sullivan & Cromwell LLP (New York) as counsel to Enbridge, and Osler, Hoskin & Harcourt LLP (Calgary) and Baker Botts L.L.P. (Houston) as counsel to the underwriters.