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Enbridge ENB Renewable Power Generation — Equity Method Investments

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Other financials

Income statement

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Revenue$22.4B+20.8%
Operating income$3.2B-12.2%
Net income$1.4B-38.7%
EPS (diluted)$0.76-26.2%

Balance sheet

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Cash & equivalents$1.6B-21.7%
Total debt$1.5B-98.5%
Total equity$65.0B-4.8%
Total assets$228.20B+3.7%

Cash flow

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Operating cash flow$4.1B+27.0%
CapEx$2.4B+41.6%
Free cash flow-$97.0M-107%

Valuation

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Market cap$118.92B+17.0%
Enterprise value$118.78B-38.7%
P/E19.8×+4.4×

Profitability

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Operating margin15.2%-2.2pp
Net margin10%-0.3pp
FCF margin2.7%-5.9pp

Returns & leverage

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Return on equity10.4%+0.9pp
Debt / equity-1.4×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Enbridge in its filing.

Tagged under the XBRL concept us-gaap:EquityMethodInvestments.

The source filing: Enbridge’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 7:05 AM EST
Fiscal year
FY2025
Accession
0001193125-26-049810
December 31,Ownership Interest20252024
East-West Tie Limited Partnership724.1%106
EIH S.à r.l.851.0%15689
Fox Squirrel Solar LLC50.0%723783
Hohe See and Albatros Offshore Wind Facilities49.9%1,6411,606
Rampion Offshore Wind Limited24.9%365387
Other16.4%–50.0%8793
OTHER LONG-TERM INVESTMENTS
Gas Transmission139139

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Enbridge's renewable power generation — equity method investments?
Enbridge (ENB) reported renewable power generation — equity method investments of $1.64B in Q4 2025.
How has Enbridge's renewable power generation — equity method investments changed year-over-year?
Enbridge's renewable power generation — equity method investments increased by 2.2% year-over-year, from $1.61B to $1.64B.
What does renewable power generation — equity method investments mean?
The carrying value of investments in renewable energy projects where the company exercises significant influence but does not have full control. These investments are typically joint ventures or partnerships with other energy developers. This metric tracks the capital deployed into collaborative renewable energy initiatives.

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