Enbridge Inc. was established in 1987. Headquartered in Calgary, Alberta, Enbridge is an energy distribution and transportation company.
Image: company website
The Company operates in 4 broad business segments: Liquids Pipelines; Sponsored Investments, Gas Distribution and Pipelines as well as Processing and Energy Services. Enbridge is Canada's biggest natural gas distribution and transportation network, and in fact the company operates the longest crude oil and liquids transportation system in the world.
Operating the crude oil and liquids transportation system, Enbridge is able to cater to the supply across two major nations which are Canada and the United States. The Company is additionally into natural gas gathering as well as mid-stream businesses. Moreover, the company caters to the energy distribution services in Ontario, Quebec as well as New York State. Enbridge is able to generate more than 2,000 megawatts of alternate and renewable energy capacity. The company is gradually expanding the scope towards the wind, solar and geothermal power.
The company’s gas utilities segment caters in around 2 million clients in areas of Ontario and New York for providing natural gas. Additionally, the company moves around 2.5 million barrels of crude oil a day. The company’s Sponsored Investments business segment comprises of 2 major associations: Enbridge Energy Partners and Enbridge Income Fund where the parent company, Enbridge, holds 25% and 72% stake respectively.
Enbridge Inc.’s sales turnover in Canada was 33.7 Billion Canadian dollars in 2015. The company has team of more than 11,000 employees across United States and Canada. Currently, Mr. Albert Monaco is the president of the bank and Mr. John Kendall is the CFO. The company has been nominated for a place on the Global 100 Most sustainable Corporations for seven consecutive years.