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Enbridge Announces Conversion Results For Series B And Series C Preferred Shares

PUBLIC · ENBMay 19, 2022

Round Type

Series B

CalgaryEnergyOil And GasRenewable Energy

Description

Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that, after taking into account all election notices received prior to 5:00 p.m. (EST) on May 17, 2022, 107,904 of its 18,269,812 Cumulative Redeemable Preference Shares, Series B (Series B Shares) were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Preference Shares, Series C of Enbridge (Series C Shares) and 1,188,789 of its 1,730,188 Series C Shares were tendered for conversion, on a one-for-one basis, into Series B Shares of Enbridge, effective on June 1, 2022.

Quick answer

Enbridge raised an undisclosed amount in a Series B round, dated May 19, 2022. Enbridge is based in Calgary, Alberta, Canada.

How much did Enbridge raise?
Enbridge raised an undisclosed amount in a Series B round on May 19, 2022.
What does Enbridge do?
Enbridge Inc., a Canadian Company, is a North American leader in delivering energy.
Where is Enbridge based and how big is it?
Enbridge is based in Calgary, Alberta, Canada.
Who are the decision-makers at Enbridge?
Fundz holds 1 contact at Enbridge. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Enbridge that raised within 45 days of this round, from Fundz verified event records.

  • TransAlta raised an undisclosed amount (Series C) on June 16, 2022.
  • Lydian raised $2M on May 24, 2022.
  • Carbon Neutral Royalty Ltd raised $8.1M on May 5, 2022.
  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • TOP Ships raised an undisclosed amount on June 21, 2022.
  • ENERGY FOCUS, INC/DE raised $3.5M (Seed) on June 17, 2022.

Who to call at Enbridge, and when

A new round usually means Enbridge is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Enbridge

Location

200, 425 - 1st Street S.W.

Calgary, Alberta, Canada

About

Enbridge Inc., a Canadian Company, is a North American leader in delivering energy.

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Related People

1 contact
Verified contacts22 people are listed at Enbridge. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Enbridge raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.