The Globe and Mail reports in its Wednesday, Dec. 13, edition that Enbridge is reinforcing plans to chop debt and finance $22-billion in major projects as the company tries to allay concerns over big spending and tempered dividend growth. The Globe's Jeff Lewis writes that top Enbridge executives on Tuesday addressed investors and analysts in New York for the first time following a series of financial moves designed to shore up finances. Chief executive officer Al Monaco has sought to calm jittery investors who balked at Enbridge's ability to finance multibillion-dollar pipeline expansions while supporting steadily rising dividend payments, triggering a rare sell-off in the company's shares last month. In recent weeks, Enbridge and a subsidiary have sold $2.6-billion in preferred and common shares, and signalled plans to jettison a minimum of $3-billion in assets next year to help pay for big-ticket growth projects. Enbridge also throttled back annual dividend growth plans to 10 per cent from 10 per cent to 12 per cent previously, while pledging to reduce its hefty debt load by $4-billion in coming years, pushing its overall capital requirement through 2020 to $26-billion.