Enbridge Inc. (NYSE:ENB) Q1 2024 Earnings Call Transcript

Operator: Your next question comes from the line of Manav Gupta from UBS.

Manav Gupta: Just one question. What should be the CapEx cadence? Once you get into this — once you close your utility acquisitions, what would be the CapEx cadence for 2025 or so?

Pat Murray: Yes. We’ve kind of guided to the fact that we’ve got a run rate of $6 billion to $7 billion of growth CapEx on an annual basis, got a little more capacity than that, but we’ll be very selective in how we use that. So — that’s our growth CapEx number that we’ve been talking about.

Greg Ebel: All of which is consistent with equity self-financing, which is important to us, and I know is to investors as well.

Operator: That concludes our question-and-answer session. I will now turn the call back over to Rebecca for some final closing remarks.

Rebecca Morley: Great. Thank you, and we appreciate your ongoing interest in Enbridge. As always, our Investor Relations team is available following the call for any additional questions that you may have. Once again, thank you, and have a great day.

Operator: Thank you, ladies and gentlemen. We appreciate your participation. This concludes today’s conference. You may now disconnect.