Enbridge Provides Notice of Series 1 Preferred Shares Conversion Right and Announces Reset Dividend Rates

CALGARY, AB, May 2, 2023 /PRNewswire/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 1 (Series 1 Shares) (TSX: ENB.PR.V) on…