Enbridge To Make FID On First Phase Of Mainline Optimization Plan Later This Year

May 9 (Reuters) - Enbridge Inc ENB.TO:

• ENBRIDGE TO MAKE A FINAL INVESTMENT DECISION ON FIRST PHASE OF MAINLINE OPTIMIZATION PLAN LATER THIS YEAR - CONF CALL

• ENBRIDGE CEO SAYS COMPANY WILL HAVE EQUITY INTEREST IN 30% OF ALL PERMIAN GAS EGRESS CAPACITY IN 2026 - CONF CALL

• ENBRIDGE EXPECTS TO APPROVE NEW PROJECTS IN ITS RENEWABLES DIVISION LATER THIS YEAR, DRIVEN BY DATA CENTER ELECTRICITY DEMAND - CONF CALL

• ENBRIDGE EXECUTIVE SAYS COMPANY 'QUITE CONFIDENT' IN CUSTOMER DEMAND FOR MAINLINE OPTIMIZATION PROJECT - CONF CALL

• ENBRIDGE SAYS 35+ POWER DEMAND PROJECTS, WORTH C$14 BILLION BY 2032, ARE IN PROGRESS - CONF CALL

• ENBRIDGE SAYS COMPANY WATCHING PERMIAN RIG COUNTS, BUT CONTRACTED NATURE OF BUSINESS MAKES IT RESILIENT TO VOLUME LOSS RISK - CONF CALL

• ENBRIDGE CEO SAYS CANADIAN ENERGY SECTOR REPRESENTATIVES HAVE NOT YET HAD A CHANCE TO MEET WITH NEWLY ELECTED PRIME MINISTER MARK CARNEY - CONF CALL

• ENBRIDGE SAYS OUTLOOK FOR PROJECT SANCTIONS REMAINS STRONG, WITH LIQUIDS LEADING AND RENEWABLES FACING UNCERTAINTY DUE TO EVOLVING POLICY AND TARIFFS

• ENBRIDGE CEO SAYS IF TUCK-IN ACQUISITION OPPORTUNITIES ARISE, COMPANY WILL LOOK AT THEM BUT HAVE TO BE GOOD DEALS - CONF CALL

Source text: Q1 Conference Call