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Nov 14, 2025 12:00 PM

Enbridge Approves $1.4 Billion Mainline Optimization Phase 1 Project

Enbridge Inc. (NYSE:ENB) shares are trading lower on Friday after the company announced it has made a final investment decision for the Mainline Optimization Phase 1 (MLO1) project.

Project Capex

Enbridge plans to invest approximately $1.4 billion in the project, adding 150 kbpd of capacity to the Mainline system and 100 kbpd to the FSP.

The company expects the new capacity to come online in 2027.

Details

The project will expand its Mainline network ...