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Report of foreign issuer [Rules 13a-16 and 15d-16]




Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Dated November 5, 2015

Commission file number 001-15254


(Exact name of Registrant as specified in its charter)

3000, 425 1 st 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):


The following document is being submitted herewith:

· Press Release dated November 5, 2015


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.


Enbridge reports third quarter financial results


(all financial figures are unaudited and in Canadian dollars unless otherwise noted)

· Third quarter loss was $609 million and nine months loss was $415 million, both including the impact of a number of unusual, non-recurring or non-operating factors

· Third quarter and nine months adjusted earnings were $399 million and $1,372 million, respectively, or $0.47 and $1.62 per common share, respectively

· Third quarter and nine months available cash flow from operations were $668 million and $2,278 million, respectively, or $0.79 and $2.70 per common share, respectively

· Enbridge completed the transfer of its Canadian liquids pipelines business and certain Canadian renewable energy assets to Enbridge Income Fund

· Enbridge completed a phase of the Mainline Expansion project, adding 230,000 barrels per day of mainline capacity

· Enbridge also completed the Woodland Pipeline Extension project, adding 400,000 barrels per day of capacity to the Regional Oil Sands System

· The National Energy Board approved Line 9 hydrostatic testing and the line is expected to be placed into service in December 2015

· Since the end of the second quarter of 2015, Enbridge raised $3.7 billion in term debt financing through subsidiaries

· Enbridges sponsored vehicle, Enbridge Income Fund Holdings Inc. announced on October 13, 2015 that it had entered into an agreement to issue $700 million of common equity on a bought deal basis to a syndicate of underwriters; the offering is expected to close on or about November 6, 2015

· Enbridge was named to the 2015 Dow Jones Sustainability North American and World Indices

CALGARY, ALBERTA November 5, 2015 Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported third quarter adjusted earnings of $399 million, or $0.47 per common share for the three months ended September 30, 2015, compared with $345 million, or $0.41 per common share for the corresponding period in 2014. Available cash flow from operations (ACFFO) increased to $668 million, or $0.79 per common share, in the third quarter of 2015 from $609 million, or $0.73 per common share, in the third quarter of 2014.

Our third quarter and year-to-date results reflect strong performance from our base business and new earnings and cash flow generated by our growth capital program, said Al Monaco, President and Chief Executive Officer. Demand for pipeline capacity has been strong and the scalable and flexible nature of our liquids mainline has enabled us to increase throughput over the first nine months of the year; reaching a record 2.3 million barrels per day in the month of August. By the end of 2015, we will have put some $18 billion of new projects into service over the last two years, which will sustain growth in the years to come.

Forward-Looking Information and Non-GAAP Measures

This news release contains forward-looking information and references to non-GAAP measures. Significant related assumptions and risk factors, as well as reconciliations are described under the Forward-Looking Information and Non-GAAP Measures sections of this news release, respectively.

We continue to remain confident in our ability to deliver solid growth for our shareholders over the long run. We recently rolled out our five-year strategic plan that now extends into 2019. That plan includes a significant $38 billion growth program, $24 billion of which is commercially secured and in execution, Mr. Monaco said. Our plan is expected to generate compound average annual adjusted earnings per share growth of 11-13% and compound average annual ACFFO per share growth of 15-18% through 2019.

At the same time, we remain focused on the reliable and safe operations of our assets, which, together with providing access to the best markets, provide cost effective transportation for our customers in a challenging commodity price environment. Strong cost management, aligned to the highest standards for safety and reliability, is critical to our customers.

Mr. Monaco emphasized that execution of the growth program remains a top priority for the Company. Our ability to execute on major projects is a competitive differentiator for Enbridge. We bring disciplined processes, effective supply-chain management, and resources to advance needed market access projects in a challenging permitting environment.

Efficient and cost-effective funding is also key to execution of the Companys growth program. On September 1, Enbridge completed the closing of the $30.4 billion drop down of its Canadian Liquids Pipelines assets and certain Canadian renewable power generation assets to Enbridge Income Partners LP (EIPLP), in which Enbridge Income Fund (the Fund) has an indirect interest (the Canadian Restructuring Plan). The transaction advances the Companys sponsored vehicle strategy and supports Enbridges previously announced 33% dividend increase in 2015 and expected annual average dividend per share growth of 14-16% through 2019.

With this drop-down complete, we believe that Enbridge Income Fund Holdings Inc. has become the premier Canadian vehicle for investors looking for a high payout of cash from low-risk energy infrastructure along with unparalleled growth through 2019. Our sponsored vehicle strategy bolsters our financial strength and flexibility, expands our access to attractive sources of funding and enhances returns on our invested capital and ability to generate industry leading growth through and beyond our planning horizon, noted Mr. Monaco.

On October 13, Enbridge Income Fund Holdings Inc. (ENF) announced that it had entered into an agreement with a syndicate of investment banks for the purchase and distribution of 21.5 million common shares for approximately $700 million on a bought deal basis. The transaction is expected to close on or about November 6, 2015. Concurrent with the closing of the public offering, Enbridge has agreed to subscribe for 5.3 million common shares of ENF on a private placement basis at the same price as the public offering to maintain its 19.9% ownership interest in ENF.

Enbridge was also active in the debt markets during the quarter, issuing approximately $1.6 billion in medium-term notes, through its subsidiaries Enbridge Pipelines Inc. (EPI) and Enbridge Gas Distribution Inc. (EGD), and a further US$1.6 billion in senior notes issued in October 2015 through Enbridge Energy Partners, L.P. (EEP).

The Company also continued to advance several key greenfield development projects in the third quarter.

In July, Enbridge and EEP completed a phase of the Mainline Expansion project , increasing capacity of the liquids mainline system by 230,000 barrels per day (bpd) through installation of additional pumping stations. The Woodland Pipeline Extension Project, which extends the Woodland Pipeline south from Enbridges Cheecham Terminal to its Edmonton Terminal, was also completed in July, increasing available capacity to oil sands shippers by 400,000 bpd.

On September 30, the National Energy Board approved the results of hydrostatic tests on three segments of Line 9, satisfying the final condition required before placing the line into service. Line-fill has begun and deliveries on the 300,000 bpd Line 9B are expected to begin in December.

The Line 9 delay will impact full year 2015 adjusted earnings relative to original expectations, which had assumed an early 2015 in-service date. The Company now expects 2015 adjusted earnings per share to fall within the lower half of its guidance range of $2.05 to $2.35 per share. Other factors which were trending positively relative to guidance and serving to offset the impact of the Line 9 delay are now expected to be weaker in the fourth quarter. These factors impact ACFFO to a lesser degree and the Companys 2015 ACFFO outlook remains unchanged at $3.30 to $4.00 per common share.

During the quarter Enbridge also announced that it had once again earned a place on both the Dow Jones Sustainability North America Index, and the Dow Jones Sustainability World Index. Enbridge has been included in the North America Index eight times in the past nine years, and named to the World Index six times, including the past four years running.

Enbridge also delivered its 2014 Safety Report to the Community in October, which highlights progress toward the goal of being an industry leader in this area.

This report is a reflection of our commitment to achieving industry leadership in the reliability and integrity of our pipelines and facilities, and protection of the environment, said Mr. Monaco. Being a leader in these areas enables everything else we do, including sustaining the growth of our Company for the future.


Enbridge 2015 third quarter adjusted earnings were $399 million, or $0.47 per common share, compared with adjusted earnings of $345 million, or $0.41 per common share in the comparative 2014 period. The increase in adjusted earnings was achieved across various businesses reflecting the steady performance from the Companys core businesses, as well as new earnings generated from the successful execution of the Companys growth capital program.

Growth in consolidated adjusted earnings was largely driven by stronger contributions from the Canadian Mainline, mainly from higher throughput following the expansion of the Companys mainline system completed in July 2015. In addition, a strong...