Enbridge Announces Final Investment Decisions on Two Major Gas Transmission Projects
CALGARY, AB, Sept. 2, 2025 /CNW/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (“Enbridge” or the “Company”) today announced that it has reached a final investment decision on two significant Gas Transmission projects.
Algonquin Reliable Affordable Resilient Enhancement (AGT Enhancement)
The Company signed commercial agreements for the AGT Enhancement project, expected to increase deliveries on the Algonquin Gas Transmission pipeline to existing Local Distribution Company (LDC) customers in the U.S. Northeast.
Once completed, AGT Enhancement will deliver approximately 75 Mmcf/d of incremental natural gas under long-term contracts to investment-grade counterparties. The project will improve supply reliability and affordability by reducing winter price volatility for customers. Enbridge expects to invest US$0.3 billion in system upgrades, with completion targeted for 2029, subject to regulatory approvals.
Eiger Express Pipeline
Through its Matterhorn joint venture, Enbridge has also made a final investment decision on the Eiger Express Pipeline (Eiger). This up to 2.5 Bcf/d pipeline will span approximately 450 miles from the Permian Basin in West Texas to the Katy area, serving the growing U.S. Gulf Coast LNG market.
Upon anticipated completion in 2028, Enbridge expects to own a meaningful equity interest in up to 10 Bcf/d of long-haul Permian Basin pipeline capacity, directly connected to key storage facilities and LNG export hubs.
“We continue to deliver on the $23 billion of Gas Transmission opportunities we laid out at our Investor Day in March,” said Cynthia Hansen, Executive Vice President and President, Gas Transmission. “These investments highlight the benefits of Enbridge’s scale and demonstrate our ability to support growing natural gas demand in the U.S. Northeast and LNG exports from the U.S. Gulf Coast.”
Forward-Looking Statements
This release contains forward-looking statements, including information about the AGT Enhancement project and the Eiger Express Pipeline. These statements involve assumptions, risks, and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on these statements. Please refer to Enbridge’s filings with Canadian and U.S. securities regulators for additional risk factors and assumptions.
About Enbridge Inc.
Enbridge connects millions of people to the energy they rely on every day, fueling quality of life through its North American natural gas, oil, and renewable power networks, as well as its growing European offshore wind portfolio. The company is investing in energy delivery infrastructure, including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge’s common shares trade under the symbol ENB on the TSX and NYSE.
Learn more at enbridge.com.
Media & Investor Contacts
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Email: media@enbridge.com
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Email: investor.relations@enbridge.com
Source: Enbridge Inc.
