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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

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Post by marketsenseon Apr 11, 2021 1:52pm
375 Views
Post# 32974548

Canada Pension Plan

Canada Pension PlanHas no plans to divest itself from their porfolio of energy holdings including pipelines according
to latest statements from CEO.   Their response to pressure from various critics and investors
who think they should get rid of their carbon producing assets and go green,  is that would be
tantamount to going short on innovation which is what the energy complex is really good at.

Now that is a CEO who has some guts and foresight.   He is not about to knee jerk bow to
that pressure and start turfing out energy producers and pipelines to satisfy the go green
constituents.  I salute his courage and find that reassuring in a world of cancel culture,
environmental elitism.  and plain stupidity from a practical perspective.  Kudos to CPPIB
May their portfolio continue to grow and prosper.   After all,  every person In Canada will
be the beneficiary of a healthy well funded Canada Pension Plan no matter what their politics.
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