Mr. Vern Yu reports

ENBRIDGE INVESTING ADDITIONAL $225 MILLION IN LAC ALFRED AND MASSIF DU SUD WIND PROJECTS

Enbridge Inc. has entered into an agreement to purchase additional ownership stakes in two Quebec wind projects from existing partner, EDF EN Canada Inc. Under the agreement, which is expected to close in mid-October, Enbridge will invest approximately $225-million to acquire an additional 17.5-per-cent stake in the 300-megawatt Lac Alfred wind project and an additional 30-per-cent stake in the 150-megawatt Massif du Sud wind project. Both transactions are subject to customary closing conditions.

Enbridge and EDF EN Canada became co-owners of the Lac Alfred project in December, 2011, and expanded their partnership in December, 2012, with the purchase of 50 per cent of Massif du Sud. On completion of the investment, Enbridge will hold 67.5-per-cent interest in Lac Alfred and 80-per-cent interest in Massif du Sud.

EDF EN Canada will maintain a 20-per-cent ownership position in both facilities. The remaining 12.5-per-cent interest of the Lac Alfred wind project was acquired by the MRCs (municipalite regionale de comte) of La Matapedia and La Mitis in September, 2014.

"With over 40 years of energy infrastructure investments in Quebec, our increased ownership of Massif du Sud and Lac Alfred further demonstrates our commitment to continue building on our strong relationships in the province," said Vern Yu, senior vice-president, corporate development. "Our increased interest in both facilities allows Enbridge to maintain its standing as the second-largest wind energy owner in Canada, a position that reflects the strategic importance of renewable power generation for our company. We've invested approximately $3-billion in renewable energy assets over the past five years, and we plan to continue growing our renewable business with the objective of doubling capacity by 2017.

"Additionally, this agreement further reflects the strength of our relationship with EDF EN Canada, with whom we've partnered on four jointly owned wind projects since October, 2012," Mr. Yu added.

The 300 MW Lac Alfred project is located in the municipalities of Saint-Cleophas, Sainte-Irene, Saint-Zenon-du-Lac-Humqui and the unorganized territory (UT) of Lac Alfred in the MRC de La Matapedia, and in the municipality of La Redemption and UT Lac-a-la-Croix in the MRC de La Mitis. Construction of Lac Alfred began in June, 2011, and reached commercial operation in two phases: phase 1 (150 MW) in January, 2013, and phase 2 (150 MW) in August, 2013.

Located in the municipalities of Saint-Luc-de-Bellechasse and Saint-Magloire in the MRC des Etchemins, and in the municipalities of Notre-Dame-Auxiliatrice-de-Buckland and Saint-Philemon in the MRC de Bellechasse, the 150 MW Massif du Sud wind project reached commercial operation in January, 2013.

Combined, both projects generate enough clean electricity to meet the needs of more than 100,000 Quebec homes. Electricity generated by the facilities is delivered to Hydro-Quebec Distribution under 20-year power purchase agreements.

EDF EN Canada will continue to provide management services to both projects, and EDF Renewable Services will continue to provide long-term operations and maintenance services.

These projects further help Enbridge meet its neutral footprint commitment to generating a kilowatt-hour of renewable energy for every additional kilowatt of energy consumed by its liquids pipelines business, a goal the company is on track to meet by 2015.