Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities. The Calgary-based energy infrastructure company said Friday it now expects adjusted earnings for 2024 of between $17.7 billion and $18.3 billion, up from a previous forecast of $16.6 billion to … Read more