Mr. Matthew Akman reports

ENBRIDGE ANNOUNCES 600-MEGAWATT SOLAR PROJECT TO SUPPORT META PLATFORMS, INC. DATA CENTER OPERATIONS

Enbridge Inc. has reached a final investment decision on Clear Fork, a 600-megawatt solar project in Texas.

Clear Fork will be a utility scale solar facility located near San Antonio, with 600 MW of capacity. Construction is under way, and the facility is expected to enter in service during the summer of 2027. Meta Platforms Inc. has signed a long-term contract for 100 per cent of the renewable output of the project. Enbridge's estimated project cost is $900-million (U.S.) and the project is expected to be accretive to cash flow and earnings per share starting in 2027.

"Clear Fork demonstrates the growing demand for renewable power across North America from blue-chip companies who are involved in technology and data centre operations," said Matthew Akman, executive vice-president, corporate strategy, and president, power. "Enbridge continues to advance its world-class renewables development portfolio using our financial strength, supply chain reach and construction expertise under a low-risk commercial model that delivers strong competitive returns."

"We are thrilled to partner with Enbridge to bring new renewable energy to Texas and help support our operations with 100-per-cent clean energy," Urvi Parekh, head of global energy, Meta.

About Enbridge Inc.

At Enbridge, the company safely 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, and its growing European offshore wind portfolio. The company is investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power to advance new technologies including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered in Calgary, Alta., Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges.