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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Dated October 1, 2007
Commission file number 001-15254
ENBRIDGE INC.
(Exact name of Registrant as specified in its charter)
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Canada
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None |
(State or other jurisdiction
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(I.R.S. Employer Identification No.) |
of incorporation or organization) |
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3000, 425 1st Street S.W.
Calgary, Alberta, Canada T2P 3L8
(Address of principal executive offices and postal code)
(403) 231-3900
(Registrants telephone number, including area code)
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):
Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by
regulation S-T Rule 101(b)(7):
Indicate by check mark whether the Registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
If Yes is marked, indicate below the file number assigned to the Registrant in connection with
Rule 12g3-2(b):
N/A
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION
STATEMENTS ON FORM S-8 (FILE NO. 333-145236, 333-127265, 333-13456, 333-97305 AND 333-6436) AND
FORM F-3 (FILE NO. 333-89618) OF ENBRIDGE INC. AND TO BE PART THEREOF FROM THE DATE ON WHICH THIS
REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR
FURNISHED.
The following documents are being submitted herewith:
· Press Release dated September 6, 2007.
· Press Release dated September 24, 2007.
· Press Release dated September 25, 2007.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ENBRIDGE INC.
(Registrant)
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Date: October 1, 2007 |
By: |
/s/ Alison T. Love
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Alison T. Love |
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Vice President & Corporate Secretary |
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NEWS RELEASE
Enbridge Day 2007 Investment Community Conference to be Webcast
CALGARY, Alberta, September 25, 2007 Enbridge Inc. (TSX and NYSE: ENB) will hold its ninth
annual Enbridge Day Investment Community Conference on Wednesday, October 3rd in Toronto
and Thursday, October 4th in New York. The conference sessions will focus on the
execution of a portfolio of oil pipeline projects of approximately $9 billion as well as the
positioning of the Company in its natural gas related assets.
The October 3rd Enbridge Day conference in Toronto will be webcast commencing at 8 a.m.
Eastern time. Interested parties may register for the webcast through the link on the Enbridge
website, www.enbridge.com/investor. The webcast will be archived and available for replay
on October 4th. A complete transcript will be available on the website shortly
thereafter.
As well, audio of the webcast will be accessible by dialing:
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Toll free Dial In:
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1-888 680-0879 |
International Dial In:
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+617-213-4856 |
Participant Passcode:
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36584979 |
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Replay:
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1-888-286-8010 |
International Dial In:
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+617-801-6888 |
Passcode:
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83588928 |
Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North
America and internationally. As a transporter of energy, Enbridge operates, in Canada and the
U.S., the worlds longest crude oil and liquids pipeline system. The Company also is involved in
international energy projects and has a growing involvement in the natural gas transmission and
midstream businesses. As a distributor of energy, Enbridge owns and operates Canadas largest
natural gas distribution company, and provides natural gas to customers in Ontario, Quebec, New
Brunswick and New York State. The Company employs approximately 5,000 people, primarily in Canada,
the U.S. and South America. Additional information about Enbridge Inc. is available on the
companys website at www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
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Enbridge Inc. Investment Community
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Enbridge Inc. Media |
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Bob Rahn
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Jennifer Varey |
(403) 231-7398
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(403) 508-6563 |
Email: bob.rahn@enbridge.com
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Email: jennifer.varey@enbridge.com |
NEWS RELEASE
Enbridge Gas Distribution Adjusts Prices
TORONTO, September 24, 2007 Enbridge Gas Distribution, a regulated utility, announced today
that it has received approval from the Ontario Energy Board (OEB) for its Final 2007 rates and its
quarterly natural gas commodity adjustment.
For typical residential customers* who buy their gas supply from Enbridge Gas Distribution, the
changes will result in a decrease of about $114 annually, excluding the Gas Cost Adjustment and two
Rate Adjustments.
Residential customers who purchase their natural gas from a marketer will see the bill increase by
about $2 annually, excluding the Gas Cost Adjustment and the two Rate Adjustments. The Gas Supply
Charge for these customers will depend on their contract with their marketer.
Natural gas prices came down over the summer and are lower now than the same time last year, said
Glenn Beaumont, Vice President, Planning & Opportunity Development, Enbridge Gas Distribution.
Natural gas remains the best energy source for our customers. Our residential customers save about
$1,400 a year by using natural gas instead of electricity for home and water heating.**
Effective October 1, 2007 customers will see the following changes to their bill:
Monthly Charges
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The Gas Supply Charge will decrease to 29.1 ¢/m3 from 32.9 ¢/m3 (about $116 annually). |
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An increase in the Customer Charge from $11.88 to $11.95 per month (less than $1 per
year). The Customer Charge helps cover costs for emergency services, meter reading and
customer services which are incurred regardless of the amount of natural gas a customer
uses. |
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An increase in the Delivery Charge, which includes variable costs such as transporting
natural gas to Ontario and additional operating costs not recovered through the Customer
Charge, by about $1 annually due to higher transportation and operating costs. |
Additional Items
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For customers who buy their natural gas supply from Enbridge Gas Distribution, the Gas
Cost Adjustment refund will decrease to 3.1 ¢/m3 from 6.6 ¢/m3 between October 1, 2007 and
March 31, 2008. The refund amounts to about $72 during the next six months. This adjustment
reflects the difference between the actual natural gas costs incurred by the utility and
the amount collected from customers through the Gas Supply Charge. |
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A Rate Adjustment surcharge for the period October 1, 2007 through December 31, 2007.
This surcharge substitutes for a one-time back adjustment for the period January 1, 2007 to
September 30, 2007 and reflects the OEBs Final Decision on delivery rates for that period.
The surcharge will amount to about $5 for the next three months. |
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A One-Time Rate Adjustment for natural gas used from January 1, 2006 to December 31,
2006, which is the result of a difference between the actual costs incurred and the amount
customers paid over this period. The adjustment will amount to about an $8 surcharge for
customers who purchase natural gas from Enbridge Gas Distribution and a $16 credit for
customers who purchase natural gas from a marketer. A One-Time Rate Adjustment is typically
applied once the previous years actual results are available. This ensures that the actual
costs Enbridge incurs to provide service is the same amount that customers were charged for
that period. |
Enbridge Gas Distribution delivers natural gas to about 1.8 million customers in Ontario
communities including Toronto, Ottawa, Barrie and Niagara Falls. Enbridge Gas Distribution is a
leader in delivering energy efficiency programs. For more information visit www.enbridge.com/gas.
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Please see the attached backgrounder for more information about Enbridge Gas Distribution prices.
*A typical residential customer uses 3,064 cubic metres of natural gas a year for home and
water heating.
**Natural gas and electricity prices based on rates in effect as of October 1, 2007. Electricity
rates based on Toronto Hydro rates. Costs have been calculated for the equivalent energy consumed
and include all service, delivery and energy charges. GST is not included.
Contact:
David Rosenbloom
Tel: (416) 495-5272
david.rosenbloom@enbridge.com
TSX Group Inc. acquires option to purchase
NetThruPut Inc. in 2009
SEPTEMBER 6, 2007 (CALGARY, TORONTO) TSX Group Inc. (TSX: TSX-X) announced today it has
entered into an agreement with Enbridge Inc. (TSX, NYSE: ENB) and Circuit Technology Limited
granting TSX Group the option to acquire NetThruPut Inc. (NTP) at a time after March 15, 2009.
Calgary-based NTP, jointly owned by Enbridge and Circuit Technology, is the leading Canadian
electronic trading platform and clearing facility for crude oil.
Canada is an emerging energy superpower and TSX Group is an important facilitator of efficient
markets. We are very excited about this transaction as it complements both our NGX business and our
strength in energy in our existing equity markets, said Richard Nesbitt, CEO of TSX Group. This
arrangement will allow us to further expand on our footprint in the energy space in North America.
TSX Group has paid $9.5 million for the right to acquire NTP from its shareholders Enbridge
and Circuit Technology at a price between $40 million and $95 million depending on NTPs 2008 net
earnings. The purchase price payable to Circuit Technology will be satisfied by the issuance of
TSX Group shares, subject to Toronto Stock Exchange regulatory approval. This agreement also
provides Enbridge and Circuit Technology with the right to sell NTP under the same terms to TSX
Group. Exercise of the option by either TSX Group or the NTP shareholders is subject to
certain closing conditions.
For further information: Steve Kee, Director, Corporate Communications, TSX Group Inc.,
Toronto Office, (416) 947-4682, Toll Free 1-888-873-8392, Cellular (416) 358-3714, Vancouver Office
(604) 602-6902, Calgary Office (403) 218-2892, steve.kee@tsx.com, Gina Jordan, Enbridge
Media Relations, Office: (403) 508-3179.
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TSX Group is a leader in the oil and gas sector more oil and gas companies are listed on
Toronto Stock Exchange and TSX Venture Exchange than any other exchange group in the world. At the
end of June 30, 2007, there were 434 oil & gas companies with a total market capitalization of
$544.9 billion listed on Toronto Stock Exchange and TSX Venture Exchange. Oil & gas companies
continue to raise equity on our exchanges with $5.6 billion raised in the first half of 2007, and
$10.5 billion raised in 2006. Over 10 billion oil & gas shares, valued at $169.2 billion, traded on
Toronto Stock Exchange and TSX Venture Exchange in the first half of 2007. In the same period,
more than 5.6 million terajoules in natural gas cleared on NGX, which is a leading North American
energy exchange for the trading and clearing of energy contracts. In March 2007, TSX Group
announced that NGX had entered into a technology and energy clearing alliance with the
Intercontinental Exchange (ICE).
NTP provides a secure internet-based crude oil trading and clearing platform for customers to
transact business anonymously in real-time with the assurance of guaranteed commodity delivery and
payment. These services are augmented by timely access to current and historical market indicators.
NTP has created a liquid marketplace for buying and selling crude oil. This is achieved through
instant access to a wide market audience, creating price transparency, and lower processing and
administration costs. Since its inception in January 1999, NTP has grown to be a central feature of
the market for a large majority of Canadas leading oil traders, including producers, refiners, and
marketers.
About NetThruPut Inc.
NTP is the Canadian leader in internet-based crude oil trading systems and is an independently
operated company, regulated by the Alberta Securities Commission and the Commodities Futures
Trading Commission. NTP is privately held; owned 52% by Enbridge Inc. (whose major business is in
crude oil transportation) and 48% by Circuit Technology Limited (a private investment company).
NTP employs state-of-the-art technology to provide a secure platform
For further information: Steve Kee, Director, Corporate Communications, TSX Group Inc.,
Toronto Office, (416) 947-4682, Toll Free 1-888-873-8392, Cellular (416) 358-3714, Vancouver Office
(604) 602-6902, Calgary Office (403) 218-2892, steve.kee@tsx.com, Gina Jordan, Enbridge
Media Relations, Office: (403) 508-3179.
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for transacting business anonymously in real-time with the assurances of guaranteed commodity
delivery and historical market indicators. NTP employs a full clearing credit model. NTP
currently sits on over 600 desktops spanning almost 100 different companies.
About TSX Group Inc. (TSX-X)
TSX Group operates Canadas two national stock exchanges, Toronto Stock Exchange serving the senior
equity market and TSX Venture Exchange serving the public venture equity market, Natural Gas
Exchange (NGX), a leading North American exchange for the trading and clearing of natural gas and
electricity contracts and Shorcan Brokers Limited, the countrys first fixed income inter-dealer
broker. TSX Group also owns The Equicom Group Inc., a leading provider of investor relations and
related corporate communication services in Canada. TSX Group is headquartered in Toronto and
maintains offices in Montreal, Winnipeg, Calgary and Vancouver.
About Enbridge Inc.
Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North
America and internationally. As a transporter of energy, Enbridge operates, in Canada and the
United States, the worlds longest crude oil and liquids pipeline system. The Company also has
international operations and a growing involvement in the natural gas transmission and midstream
businesses. As a distributor of energy, Enbridge owns and operates Canadas largest natural gas
distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New
York State. Enbridge employs approximately 5,000 people, primarily in Canada, the United States and
South America. Enbridges common shares trade on the Toronto Stock Exchange in Canada and on the
New York Stock Exchange in the United States under the symbol ENB. Information about Enbridge is
available on the Companys website at www.enbridge.com.
For further information: Steve Kee, Director, Corporate Communications, TSX Group Inc.,
Toronto Office, (416) 947-4682, Toll Free 1-888-873-8392, Cellular (416) 358-3714, Vancouver Office
(604) 602-6902, Calgary Office (403) 218-2892, steve.kee@tsx.com, Gina Jordan, Enbridge
Media Relations, Office: (403) 508-3179.
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About Circuit Technology Limited
Circuit Technology Limited is a company incorporated in the British
Virgin Islands. It is a private investment company which holds 48% of
the issued shares of NetThruPut Inc.
Certain information provided in this news release constitutes forward-looking statements. The
words anticipate, expect, project, estimate, forecast and similar expressions are
intended to identify such forward-looking statements. Although Enbridge believes that these
statements are based on information and assumptions which are current, reasonable and complete,
these statements are necessarily subject to a variety of risks and uncertainties pertaining to
operating performance, regulatory parameters, weather, economic conditions and commodity prices.
You can find a discussion of those risks and uncertainties in our Canadian securities filings and
American SEC filings. While Enbridge makes these forward-looking statements in good faith, should
one or more of these risks or uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary significantly from those expected. Except as may be required by
applicable securities laws, Enbridge assumes no obligation to publicly update or revise any
forward-looking statements made herein or otherwise, whether as a result of new information, future
events or otherwise.
For further information: Steve Kee, Director, Corporate Communications, TSX Group Inc., Toronto
Office, (416) 947-4682, Toll Free 1-888-873-8392, Cellular (416) 358-3714, Vancouver Office (604)
602-6902, Calgary Office (403) 218-2892, steve.kee@tsx.com, Gina Jordan, Enbridge Media
Relations, Office: (403) 508-3179.
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