May 12 (Reuters) - Enbridge Inc ENB.TO
* Enbridge working to restart regional oil sands pipelines
as risk from wildfires in northeastern Alberta moderates
* Since shutdown of Enbridge's facilities, deliveries from
co's regional oil sands pipelines reduced by about 900,000
barrels per day
* Currently expects that system capacity will be restored
over the next few days subject to ongoing access to facilities
* On may 10, 2016, Enbridge announced acquisition of a 50%
interest in EMF, a french offshore wind development company, for
$282 million
* Impact of the wildfires on the financial performance of
the company cannot be accurately estimated at this time
* Upon closing of deal, Enbridge,EDF (PA:EDF) en to co-develop 3
large-scale offshore wind farms that would produce a combined
1,428 (MW) of power
* Disruption of service on regional oil sands and downstream
pipelines not expected to significantly impact financial
performance in 2016
* Commencing with q1 of 2016, Enbridge has adopted a new
financial reporting format
* From Q1 2016, new financial format focuses on operating,
financial performance of five major business lines
* Average deliveries on mainline system ex-Gretna and on
Lakehead pipeline system in q1 of 2016 were over 2.5 million
barrels per day
* Enbridge reports first quarter adjusted earnings of $663
million or $0.76 per common share
* Q1 adjusted earnings per share C$0.76
* Q1 earnings per share C$1.38
* Q1 earnings per share view C$0.64 -- Thomson Reuters
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