Enbridge has started building its C$4.00 billion Sunrise Expansion Program in British Columbia, adding roughly 140 kilometers of new natural gas pipeline and extra compression to boost regional transportation capacity by up to 300 million cubic feet per day. The project is expected to create more than 2,500 jobs and deepen economic participation for local and Indigenous communities along the route. The Sunrise Expansion is part of Enbridge's broader secured project backlog, which includes the MLO1 Mainline Optimization program, and highlights how new regulated pipeline and gas transmission investments can underpin future earnings and dividend capacity while also increasing exposure to cost overruns, permitting challenges, and potential shifts in long-term energy policy.
Enbridge IncEnbridge begins construction on a C$4 billion pipeline expansion, which is a secured project that underpins future earnings and dividend capacity.