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Enbridge reports strong Q2 profits, up 7%, and plans new investments in energy infrastructure.
Enbridge Inc. reported a strong second quarter with a CAD 4.6 billion EBITDA, up 7% from last year, beating expectations.
The company's increased profits were fueled by higher margins in Ontario distribution and strong earnings from gas transmission, benefiting from growing demand for natural gas and LNG exports.
Enbridge also announced new investments in solar, pipeline, and gas storage projects to meet rising energy needs, showcasing its diversified approach to energy infrastructure.
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Enbridge reporta fuertes ganancias en el segundo trimestre, con un aumento del 7%, y planea nuevas inversiones en infraestructura energética.