Glossary
A
- ABCA
- Business Corporations Act
- ACCIONA Energy
- (Acciona Wind Energy Canada Inc.) is a global leader in the development, construction, operation and maintenance of wind power facilities
- Administration Agreement
- The Amended and Restated Administrative Services Agreement dated December 17, 2010.
- Alliance
- The Alliance pipeline system - Alliance Canada and Alliance U.S.
- Alliance Canada
- The Canadian portion of the Alliance pipeline system
- Alliance System
- Approximately 3,000 km integrated, high-pressure, natural gas transmission pipeline system extending from near Gordondale, Alberta, to delivery points near Chicago, Illinois; approximately 730 km of lateral pipelines located in supply areas in the northwestern Alberta; and northeastern British Columbia portions of the WCSB and related infrastructure
- Alliance US
- Alliance Pipeline L.P., a Delaware limited partnership, which owns the Alliance US Pipeline
- Alliance US Pipeline
- The U.S. portion of the Alliance System
- Arrangement
- Arrangement pursuant under section Section 193 of the Business Corporations Act (Alberta) among Enbridge Income Fund, Enbridge Commercial Trust, the Manager, Enbridge Inc., Unitholders and Enbridge Income Fund Holdings Inc. providing for the exchange of all of the Trust Units except for 9,500,000 Trust Units held by Enbridge Inc.,into Enbridge Income Fund Holdings Inc. shares and certain other matters, and which became effective on December 17, 2010
- Asset
- The physical or monetary holdings that contribute to the over all financial health of the Enbridge Income Fund.
- Audit Committee
- Committees of the Enbridge Commercial Trust board of Trustees
- Authorized Overrun Service or AOS
- Pro rata share of additional transportation capacity on the Alliance System expected by Alliance Canada to be available from time to time (above the system's firm transportation capacity of 1,325 mmcf/d), which shippers have a right to use for no additional cost other than the costs of the associated fuel requirements
B
- bcf/d
- Billions of cubic feet of natural gas per day
- bcfe
- Billions of cubic feet equivalent
- Board
- The Board of directors of Enbridge Income Fund Holdings
- bpd
- Barrels per day
- BTU (British Thermal Unit)
- Used to measure the output of most heating systems — one BTU is the energy required to raise the temperature of one pound of water by one degree Fahrenheit.
C
- Capacity Factor (net)
- Ratio of the actual output of a power plant over a period of time and its potential output if it had operated at full nameplate capacity the entire time
- Capital Expenditure Reserve
- Money that is in reserve for foreseeable capital expenditures of the business as is determined by the Manager or the Trustees
- CCEMC
- The Climate Change and Emissions Management Corporation
- Certificate
- Confirmation of filing to be issued by the Registrar pursuant to subsection 193(11) of the ABCA giving effect to the Arrangement
- Chin Chute Wind Project
- The 30 MW wind project located near Taber, Alberta
- CIBC Mellon
- CIBC Mellon Trust Company
- Combined Total Unit
- The total number of Fund Units and Preferred Units issued in any particular distribution period and outstanding at the distribution record date for that period
- Common Shares
- Common shares is the share capital of the Enbridge Income Fund Holdings Inc.
- Common Unit Holder/Holder of Common Units
- The person whose name appears on a Register as a holder of Common Units
- Company (the)
- Enbridge Income Fund Holdings Inc.
- Common Units
- Class of trust units of the Trust created and designated as Common Units
- Contracted Capacity
- Daily volume which a Shipper has agreed to ship a commodity of product on a firm basis and pay demand charges
- Corporate Governance
- The system by which corporations are direct and controlled
- CPI
- Canadian Consumers' Price Index
- CRA
- Canada Revenue Agency
- Cruickshank Wind Farm
- The 8.25 MW wind power farm located near the shores of Lake Huron in Bruce County, Ontario
D
- DBRS
- Dominion Bond Rating Service Limited
- Distribution
- Refers to the frequency and method by which dividends are provided to shareholders.
- Distribution Payment Date
- To be the 15th day of the month that immediately follows a distribution period and other dates determined by the Trustees or the Manager
- Distribution Record Date
- The last business day in each distribution period and other dates determined by the Trustees or the Manager
- Dividend
- A payment made by a corporation to its shareholder members. People who own EIFH stock or participate in the DRIP plan receive dividends
- DRIP
- Dividend Reinvestment Plan (DRIP) Distribution Reinvestment and Share Purchase Plan of Enbridge Income Fund Holdings Inc.
E
- ECT
- Enbridge Commercial Trust, an unincorporated Alberta trust, which owns and operates the operating entities of the Company.
- ECT Audit Committee
- The audit committee of the ECT board of trustees
- ECT Preferred Units
- The units of ECT designated as "Preferred Units", issuable in series under the ECT Trust Indenture.
- ECT Trust Indenture
- The Trust indenture dated December 20, 2002, to which ECT was established, last amended and restated on October 21, 2011
- ECT Trustees
- The trustees of ECT from time to time
- ECT Unitholder
- A holder of an ECT Unit and/or an ECT Preferred Unit
- ECT Units
- The units of ECT designated as common units pursuant to the ECT Trust Indenture
- EEP
- Enbridge Energy Partners, L.P., a New York Stock Exchange-listed Delaware limited partnership of which Enbridge Inc. owns, directly and indirectly.
- EIFH
- Enbridge Income Fund Holdings Inc., an Alberta corporation
- EIFH Shares
- Common shares in the share capital of Enbridge Income Fund Holdings Inc.
- EIPGP
- Enbridge Income Partners GP Inc., a Canadian corporation, EIPLP’s general partner
- EIPGP Services Agreement
- The June 30, 2003 services agreement between the Manager and EIPGP in which the Manager agrees to provide management and administrative services to EIPGP
- EIPLP
- Enbridge Income Partners LP, an Alberta limited partnership
- EIPLP Limited Partnership Agreement
- December 17, 2010 Limited Partnership Agreement among EIPGP, as general partner; and ECT, as the initial limited partner; and each person who is admitted as an additional limited partner of EIPLP
- Enbridge
- Enbridge Inc. is a Canadian corporation whose common shares trade on the Toronto Stock Exchange in Canada and on the New York Stock Exchange in the U.S. under the trading symbol ENB
- Enbridge Saskatchewan
- Enbridge Pipelines (Saskatchewan) Inc., a Saskatchewan corporation
- ENF
- Stock symbol and commonly used abbreviation for Enbridge Income Fund Holdings Inc.
- eRRP
- ecoENERGY for Renewable Power Program, a Canadian federal government program promoting alternative power sources by providing an incentive of about one cent per kilowatt-hour of electricity produced by qualifying wind energy facilities for a ten-year period
F
- First Solar
- First Solar Development (Canada) Inc
- Fuel Requirements
- Natural gas that is either consumed as fuel or "lost or unaccounted for" in the ordinary course of transmission operations of the Alliance System
- Fund AIF
- The Annual Information Form of ENF for the year ended December 31, 2011
- Fund Delegation Agreement
- Amended and restated on December 17, 2010, among ENF, the ENF Trustee and ECT in which the Fund Trustee delegated certain of its powers and duties to ECT
- Fund Trust Indenture
- The trust indenture dated May 22, 2003, in which the Fund was established, last amended and restated on December 17, 2010
- Fund Trustee
- The trustee of the Fund, currently CIBC Mellon
- Fund Units
- The units designated in the Fund Trust Indenture as ordinary units of the Fund
- The Fund
- The Enbridge Income Fund, an unincorporated open-ended trust established under the laws of Alberta and includes ECT and the other entities owned directly or indirectly by ECT
G
- Gas Processing Facility
- The facility in which a process separates wet components such as condensate, ethane, propane, butane and naphtha, which are then shipped to customers around the world.
- Governance
- (Corporate Governance) A generic term that describes the ways in which rights and responsibilities are shared between the various corporate participants, especially the management and the shareholders.
- Green Power
- The Fund’s 100-per cent interest in each of the Sarnia Solar Project, the Talbot Wind Project and the Ontario Wind Project;, its 50-per cent interest in each of NRGreen Power Limited Partnership and the SunBridge Wind Power Project; and its 33-per cent interest in each of the Magrath and Chin Chute Wind Power Projects
I
- Investment Grade Rating
- A rating equal to or higher than the following: Baa3 from Moody's; BBB from S&P; or BBB from DBRS
- IRFS
- IRFS – International Financial Reporting Standards, the accounting standards followed by Enbridge Income Fund Holdings Inc.
K
- kbpd
- Thousand barrels per day
- Kincardine Wind Farm
- The 181.5-MW wind power farm located near the shores of Lake Huron in Bruce County, Ontario
M
- Magrath Wind Project
- The 30-MW wind power project located near Magrath, Alberta
- Management Agreement
- The Management Agreement amended and restated on December 17, 2010, between the Manager and ECT in which the Manager provides management services to ECT
- Manager
- Enbridge Management Services Inc., a Canadian corporation
- Medium Term Notes (MTN)
- Unsecured term notes issued by the Fund with maturity dates not less than one year from the date of issue at prices and on terms determined at the time of issue
- MIC
- Management Information Circular: notice of meeting and management information circular
- mmcf/d
- Millions of cubic feet of natural gas per day
- Moody's
- Moody's Investor Service, Inc
- MW
- Megawatt, a unit of power equal to one million watts
- MWh
- Megawatt per hour
N
- NEB
- The National Energy Board of Canada
- NGL/NGLS
- Natural gas liquids comprising ethane, propane, normal butane, isobutane and pentanes and any substances that are incidentally recovered on extraction from natural gas
- NRGreen
- NRGreen Power Limited Partnership, an Alberta limited partnership
O
- Ontario Renewables Services Agreement
- October 21, 2011, Intercorporate Services Agreement made among the Manager, Enbridge Inc., Enbridge Renewable Energy Infrastructure Canada Inc., Talbot Windfarm GP Inc., Enbridge Renewable Energy Infrastructure Limited Partnership and Talbot Windfarm, LP in which Enbridge provides administrative, management and operational services for the Sarnia Solar Project, the Ontario Wind Project and the Talbot Wind Project
- Ontario Wind Project
- The Kincardine Wind Farm and the Cruickshank Wind Farm
- Ontario Power Authority (OPA)
- An independent, non-profit corporation licensed by the Ontario Energy Board that reports to the
- Ordinary Resolution
- A resolution passed by more than 50 per cent of the votes cast, either in person or by proxy, at a duly constituted meeting of Unitholders or ECT Unitholders
P
- Photovalic
- A method of generating electrical power by converting solar radiation into direct current electricity using semiconductors that exhibit the photovoltaic effect
- Power Purchase Agreement (PPA)
- A contract between two parties — one who generates electricity for the purpose of sale (the seller) and one who is looking to purchase electricity (the buyer) — that defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination.
- Pre-approval Policy
- Find the definition under Fund Trustees, Audit Committee and Management – Audit Committee Disclosure – Pre-Approval Policies and Procedures
- Preferred Units
- Class of trust units of the Trust created and designated as Preferred Units.
- Perferred Unitholder/Holder of Preferred Units
- A person whose name appears on a Register as a holder of Preferred Units
R
- Renewable Assets Acquisition
- Acquisition by indirect wholly owned subsidiaries of the Fund of 100 per cent of the ownership interests in the entities which own the Sarnia Solar Project, the Talbot Wind Project and the Ontario Wind Project from direct and indirect wholly-owned subsidiaries of Enbridge
- RESOP
- The Renewable Energy Standard Offer Program of the Government of Ontario
S
- Sarnia Solar Project
- The 80-MW solar project located in Sarnia, Ontario
- Saskatchewan Gathering System
- The crude oil and liquids pipeline gathering system that is owned directly by Enbridge Saskatchewan
- Saskatchewan Services Agreement
- June 30, 2003, Services agreement among the Manager, ESOSI and Enbridge Saskatchewan
- Saskatchewan System
- The crude oil and liquids pipeline system comprising four principal assets: the Saskatchewan Gathering System, the Westspur System, the Weyburn System and the Virden System, which collectively comprise approximately 420 km of trunk line, approximately 1,900 km of gathering system pipeline and related terminals and storage facilities
- SaskPower
- The Saskatchewan Power Corporation
- SEDAR
- A document filing and retrieval system that all publicly traded companies in Canada must use to file financial statements and prospectuses, which are available to the public
- Services Agreements
- The Administration Agreement, the Management Agreement, the EIPGP Services Agreement and the Saskatchewan Services Agreement
- SGER
- The Specified Gas Emitters Regulation, a regulation under the Climate Change and Emissions Management Act (Alberta)
- Shareholder
- Holder of Common Shares and/or the Special Voting Share
- Shippers
- The oil and natural gas exploration, production, pipeline, aggregator, local distribution and marketing companies that have contracted for natural gas transportation service on the Alliance System or that transport crude oil or natural gas liquids on the Saskatchewan System
- SIFT
- A specified investment flow through trust or partnership, as defined in the Canadian Tax Act;
- SIFT Rules
- Legislative provisions governing the taxation of SIFT trusts and SIFT partnerships and their Unitholders or partners, enacted by the Minister of Finance (Canada) on June 22, 2007
- SMER
- Saskatchewan Ministry of Energy and Resources
- S&P
- Standard & Poor's Ratings Services, a division of The McGraw Hill Companies, Inc
- Special Resolution
- A resolution passed by more than 66 23 per cent of the votes cast, either in person or by proxy, at a duly constituted meeting of Unitholders or ECT Unitholders
- Special Voting Share
- Special voting share in the share capital of Enbridge Income Fund Holdings Inc.
- SunBridge Wind Project
- The 11-MW wind power project located near Gull Lake, Saskatchewan
T
- Talbot Wind Project
- The 98.9-MW wind power project located near the shores of Lake Erie near Chattam, Ontario
- Tax Act
- Income Tax Act(Canada)
- Treasury Issuance Option
- See Description of Share Capital – Dividend Reinvestment and Share Purchase Plan
- Trust Units
- A unit designated in the Fund Trust Indenture as an ordinary unit of the Fund
- TSA
- Transportation service agreements with individual shippers
- TSX
- The Toronto Stock Exchange
U
- Unitholder
- A holder of a Trust Unit
- US GAAP
- US GAAP – United States generally accepted accounting principles, the accounting standards followed by Enbridge Income Fund
V
- Vestas
- Vestas Canadian Wind Technology, Inc
- Virden System
- The crude oil and liquids pipeline gathering system owned by Enbridge Pipelines (Virden) Inc., a Saskatchewan corporation
W
- WCSB
- The Western Canada Sedimentary Basin
- Westspur System
- The crude oil and liquids pipeline feeder system owned by Westspur
- Weyburn System
- The crude oil and liquids pipeline gathering system owned by Weyburn
- Wind Power
- Consists of ENF's interests in the Talbot Wind Project, the Ontario Wind Project, the SunBridge Wind Project, the Chin Chute Wind Project and the Magrath Wind Project
- WPPI
- Refers to the Wind Power Production Incentive, a Canadian federal government program promoting wind power electricity generation by providing an incentive of about one cent per kilowatt-hour of electricity produced by qualifying wind energy facilities for a ten-year period