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LONG-TERM INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Long-Term Investments
 Ownership  
December 31,Interest20212020
(millions of Canadian dollars)   
EQUITY INVESTMENTS   
Liquids Pipelines   
MarEn Bakken Company LLC1
75.0 %1,728 1,795 
Gray Oak Holdings LLC2
35.0 %469 502 
Seaway Crude Holdings LLC50.0 %2,634 2,668 
Illinois Extension Pipeline Company, L.L.C.3
65.0 %593 623 
Cactus II Pipeline, LLC4
20.0 %434 — 
Other30.0% - 43.8%71 73 
Gas Transmission and Midstream
Alliance Pipeline5
50.0 %504 269 
Aux Sable6
42.7% - 50.0%238 251 
DCP Midstream, LLC7
50.0 %397 331 
Gulfstream Natural Gas System, L.L.C.50.0 %1,180 1,175 
Nexus Gas Transmission, LLC50.0 %1,724 1,745 
PennEast Pipeline Company, LLC20.0 %12 116 
Sabal Trail Transmission, LLC50.0 %1,464 1,510 
Southeast Supply Header, LLC50.0 %82 84 
Steckman Ridge, LP50.0 %88 90 
Vector Pipeline8
60.0 %189 201 
Offshore - various joint ventures22.0% - 74.3%309 338 
Other33.3%2 
Gas Distribution and Storage
Noverco Common Shares9
38.9 % 156 
Other47.6% - 50%20 13 
Renewable Power Generation
EIH S.a.r.l.10
51.0 %38 96 
Enbridge Renewable Infrastructure Investments S.a.r.l.51.0 %54 100 
Rampion Offshore Wind Limited24.9 %450 599 
NextBridge Infrastructure LP25.0 %186 122 
Other12.0% - 50.0%93 74 
Eliminations and Other
Other42.7% - 50.0%23 32 
OTHER LONG-TERM INVESTMENTS
Gas Distribution and Storage
Noverco Preferred Shares9
 567 
Renewable Power Generation
Emerging Technologies and Other32 32 
Eliminations and Other
Other11
310 252 
  13,324 13,818 
1Owns 49% interest in Bakken Pipeline Investments L.L.C., which owns 75% of the Bakken Pipeline System resulting in a 27.6% effective interest in the Bakken Pipeline System.
2Owns 65% interest in Gray Oak Pipeline, LLC resulting in a 22.8% effective interest in Gray Oak Pipeline, LLC.
3Owns the Southern Access Extension Project.
4In October 2021 we acquired an effective 20.0% interest in Cactus II Pipeline, LLC through the acquisition of Moda Midstream Operating, LLC. See Note 8 - Acquisitions and Dispositions for further discussion.
5Includes Alliance Pipeline Limited Partnership in Canada and Alliance Pipeline L.P. in the US.
6Includes Aux Sable Canada LP in Canada and Aux Sable Liquid Products LP and Aux Sable Midstream LLC in the US.
7Our ownership in DCP Midstream, LLC (DCP Midstream) holds an interest of 56.5% in DCP Midstream, LP.
8Includes Vector Pipeline Limited Partnership in Canada and Vector Pipeline L.P. in the US.
9On December 30, 2021, we sold our 38.9% common share and preferred share interest of Noverco Inc.
10 On March 18, 2021, we sold 49% of EIH S.a.r.l., an entity that holds our 50% interest in Éolien Maritime France SAS (EMF), to the CPP Investments. This resulted in a 25.5% effective interest in EMF. Through our investment in EMF, we own equity interests in three French offshore wind projects, including Saint-Nazaire (25.5%), Fécamp (17.9%) and Calvados (21.7%).
11 Includes investments held and valued at fair value through net income.
Summary of Combined Financial Information
Summarized combined financial information of our interest in unconsolidated equity investments (presented at 100%) is as follows:
Year ended December 31, 202120202019
(millions of Canadian dollars)
Operating revenues19,891 13,987 15,687 
Operating expenses16,514 12,223 13,153 
Earnings2,952 2,306 3,016 
Earnings attributable to Enbridge1,711 1,136 1,503 
December 31,20212020
(millions of Canadian dollars)
Current assets3,581 3,136 
Non-current assets44,497 45,955 
Current liabilities3,678 3,539 
Non-current liabilities16,950 19,639 
Noncontrolling interests3,786 3,810