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LONG-TERM INVESTMENTS (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Long-Term Investments |
December 31, | Ownership Interest | 2024 | 2023
(millions of Canadian dollars) |  |  |  |  |
EQUITY INVESTMENTS |  |  |  |  |
Liquids Pipelines |  |  |  |  |
Cactus II Pipeline LLC |  |  | 30.0 | % | 651 |  | 618 |
DCP Midstream, LLC (Class B Units)1 |  |  | 90.0 | % | 1,554 |  | 1,486 |
Illinois Extension Pipeline Company, L.L.C. |  |  | 65.0 | % | 608 |  | 584 |
MarEn Bakken Company LLC 2 |  |  | 75.0 | % | 2,296 |  | 1,819 |
Seaway Crude Holdings LLC |  |  | 50.0 | % | 2,820 |  | 2,661 |
Other | 30.0 | % | - | 43.8 | % | 96 |  | 84 |
Gas Transmission |  |  |  |  |
Alliance Pipeline 3,5 |  |  | 50.0 | % | — |  | 359 |
Aux Sable 4,5 | 42.7 | % | - | 50.0 | % | — |  | 229 |
DCP Midstream, LLC (Class A Units)6 |  |  | 23.4 | % | 480 |  | 367 |
Delaware Basin Residue, LLC 7 |  |  | 15.0 | % | 319 |  | — |
Gulfstream Natural Gas System, L.L.C. |  |  | 50.0 | % | 1,316 |  | 1,224 |
NEXUS Gas Transmission, LLC |  |  | 50.0 | % | 1,301 |  | 1,220 |
Sabal Trail Transmission, LLC |  |  | 50.0 | % | 1,565 |  | 1,467 |
Southeast Supply Header, LLC |  |  | 50.0 | % | 355 |  | 80 |
Steckman Ridge, LP |  |  | 50.0 | % | 101 |  | 87 |
Vector Pipeline |  |  | 60.0 | % | 193 |  | 191 |
Whistler Parent JV 8 |  |  | 19.0 | % | 1,102 |  | — |
Woodfibre LNG Limited Partnership |  |  | 30.0 | % | 1,275 |  | 777 |
Offshore - various joint ventures | 22.0 | % | - | 74.3 | % | 260 |  | 217 |
Other | 21.3 | % | - | 45.0 | % | 49 |  | — |
Gas Distribution and Storage |  |  |  |  |
Other | 17.0 | % | - | 50.0 | % | 67 |  | 22 |
Renewable Power Generation |  |  |  |  |
East-West Tie Limited Partnership |  |  | 24.1 | % | 106 |  | 132 |
EIH S.à r.l.9 |  |  | 51.0 | % | 89 |  | 52 |
Fox Squirrel Solar LLC |  |  | 50.0 | % | 783 |  | 312 |
Hohe See and Albatros Offshore Wind Facilities |  |  | 49.9 | % | 1,606 |  | 1,701 |
Rampion Offshore Wind Limited |  |  | 24.9 | % | 387 |  | 391 |
Other | 16.4 | % | - | 50.0 | % | 93 |  | 110 |
OTHER LONG-TERM INVESTMENTS |  |  |  |  |
Gas Transmission |  |  |  |  |
Ara Divert HoldCo, Inc. |  |  |  | 116 |  | 106 |
Other |  |  |  | 23 |  | 22 |
Gas Distribution and Storage |  |  |  |  |
Other |  |  |  | 27 |  | 24 |
Renewable Power Generation |  |  |  |  |
Other |  |  |  | 21 |  | 21 |
Eliminations and Other |  |  |  |  |
Other 10 |  |  |  | 1,032 |  | 430 |
|  |  |  | 20,691 |  | 16,793 |
1 We own 90.0% of the Class B units of DCP Midstream, LLC. This class of units represents DCP Midstream, LLC's 65.0% interest in Gray Oak Pipeline, LLC (Gray Oak), resulting in a 58.5% interest in Gray Oak through DCP Midstream, LLC. On January 9, 2023, we acquired an additional 10.0% direct interest in Gray Oak for cash consideration of $230 million (US$172 million), bringing our effective interest to 68.5%. 2 MarEn Bakken Company LLC owns a 49.0% interest in Bakken Pipeline Investments LLC. Bakken Pipeline Investments LLC owns 75.0% of the Bakken Pipeline System, resulting in a 27.6% effective interest in the Bakken Pipeline System by us. 3 Includes Alliance Pipeline Limited Partnership in Canada and Alliance Pipeline L.P. in the US. 4 Includes Aux Sable Canada LP in Canada and Aux Sable Liquid Products L.P. and Aux Sable Midstream LLC in the US. 5 On April 1, 2024, we closed the sale of our 50.0% equity interest in the Alliance Pipeline and our interest in Aux Sable to Pembina Pipeline Corporation for $3.1 billion, including $0.3 billion of non-recourse debt. 6 We own 23.4% of the Class A units of DCP Midstream, LLC. These units represent DCP Midstream, LLC's 56.5% interest in DCP Midstream, LP (DCP), resulting in a 13.2% effective interest in DCP by us. 7 On October 31, 2024, we acquired an effective 15.0% interest in Delaware Basin Residue, LLC (DBR) for consideration of $303 million (US$220 million). DBR owns transportation and storage assets in West Texas, serving as the primary supply point for the Whistler Pipeline. 8 On May 29, 2024, we formed a joint venture with WhiteWater/I Squared Capital and MPLX LP. We hold a 19.0% interest in the joint venture, which owns a 100% interest in the Rio Bravo Pipeline project. Additionally, we have a 25.0% special interest in the Rio Bravo Pipeline project, resulting in a 39.3% effective interest in the Rio Bravo Pipeline project by us. 9 Owns a 50.0% interest in Éolien Maritime France SAS (EMF). Through our investment in EMF, we own equity interests in three French offshore wind projects, including effective interests in Saint-Nazaire (25.5%), Fécamp (17.9%) and Calvados (21.7%). 10 Consists of investments in exchange-traded funds and debt securities held by our wholly-owned captive insurance subsidiaries. Refer to Note 23 - Risk Management and Financial Instruments.
Schedule of Combined Financial Information | Summarized combined financial information of our unconsolidated equity investments (presented at 100%) is as follows:
Year ended December 31, | 2024 | 2023 | 2022
(millions of Canadian dollars) |  |  |
Operating revenues | 20,657 |  | 22,586 |  | 30,026 |
Operating expenses | 14,692 |  | 17,111 |  | 23,835 |
Earnings | 5,177 |  | 4,818 |  | 5,123 |
Earnings attributable to Enbridge | 2,304 |  | 1,816 |  | 2,056 |
December 31, | 2024 | 2023
(millions of Canadian dollars) |  |
Current assets | 8,611 |  | 5,842 |
Non-current assets | 69,381 |  | 61,141 |
Current liabilities | 7,240 |  | 6,194 |
Non-current liabilities | 27,491 |  | 23,957 |
Noncontrolling interests | 4,979 |  | 4,124 |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
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