Enbridge Inc. (ENB:CA) Pre Recorded M&A Call Prepared Remarks Transcript

Good afternoon. Welcome to the webcast, and thank you for joining us.

Today, we will be discussing the acquisition of the Tallgrass Crude Oil Transportation System, which was announced earlier this afternoon, and the previously announced acquisition of the Salt Creek Crude Gathering System.

Joining me are Greg Ebel, President and CEO; and Pat Murray, Executive Vice President and Chief Financial Officer.

As usual, I encourage those listening to follow along with the supporting slides.

Please note, we will not be conducting a Q&A session following the webcast today.

However, both the Investor Relations and media teams will be available.

We will be referring to forward-looking information on today's webcast.

So a quick reminder that by its nature, this information contains forecast assumptions and expectations about future outcomes, which are subject to the risks and uncertainties outlined here and discussed more in our public disclosure filings.

Lastly, before we begin, we will also be referring to non-GAAP measures, which are summarized below.

With that, I will now turn it over to Greg Ebel.

Well, thanks very much, Marlon, and good afternoon, everyone, and thanks for joining us today.

Before we get into the detail of our announcements today, let me reiterate what we have previously said about how we consider these types of transactions.

At Enbridge, our primary goal is to create and compound value for our shareholders over time through both dividends and growth of our business.

We have secured a significant $41 billion in organic growth projects and are focused on bringing these into service on