Enbridge Inc. and FuelCell Energy Sign Distribution Agreement

Enbridge Inc. and FuelCell Energy Sign Distribution Agreement 


CALGARY, Alberta and DANBURY, Conn., Nov. 5  /PRNewswire-FirstCall/ -- Enbridge
Inc. (NYSE: ENB; TSX: ENB), a leader in energy transportation and distribution
in North America and internationally, and FuelCell Energy, Inc. , a leading
manufacturer of stationary fuel cell power plants for distributed generation,
announced today that they have finalized an agreement whereby Enbridge will be a
distributor of FuelCell Energy's Direct FuelCell(R) (DFC(R)) products in
Canada.

The agreement with FuelCell Energy introduces reliable, highly efficient,
ultra-low emission base load DFC power plants (DFC300A, DFC1500 and DFC3000 with
introductory ratings of 250 kilowatts, 1 megawatt and 2 megawatts, respectively)
to Enbridge's portfolio of energy services in Canada.    As part of the
agreement, Enbridge has received warrants to purchase 500,000 shares of FuelCell
Energy common stock.  The agreement calls for the warrants to be exercisable on
a graduated scale based on order flow generated by Enbridge. The full quantity
of warrants will vest with order commitments for 20 megawatts of DFC power
plants. The exercise prices of the warrants range from $14.65 to $19.04 per
share and the warrants will expire in November 2006.

"We are very pleased to enter into this alliance with FuelCell Energy," said
Stephen J. J. Letwin, Enbridge Inc. Group Vice President, Gas Strategy &
Corporate Development.  "The alliance enables Enbridge to participate in a
second fuel cell technology -- molten carbonate -- which has excellent near-term
commercial potential.  In addition, we look forward to continued development of
the solid oxide fuel cell (SOFC) technology that has longer-term potential. 
Both technologies are consistent with our strategy to invest in emerging and
renewable energy technologies."

"This agreement with Enbridge continues our strategy of partnering with leading
companies and suppliers to deliver our products worldwide," said Jerry D.
Leitman, president and CEO of FuelCell Energy. "Enbridge immediately becomes a
leader in the Canadian commercial market for stationary fuel cell power plants,
while FuelCell Energy gains the experience and marketing capabilities of one of
the world's top energy distribution companies."

About Enbridge Inc.

Enbridge Inc. is a leader in energy transportation and distribution in North
America and internationally.  As a transporter of energy, Enbridge operates, in
Canada and the U.S., the world's longest crude oil and liquids transportation
system.  The company also has international operations and a growing involvement
in the natural gas transmission and midstream businesses. As a distributor of
energy, Enbridge owns and operates Canada's largest natural gas distribution
company and provides distribution services in Ontario, Quebec, New Brunswick and
New York State to 1.6 million customers. Enbridge employs approximately 4,000
people, primarily in Canada, the U.S. and South America.  Information about
Enbridge is available on the Company's web site at http://www.enbridge.com/ .

About Direct FuelCells

Direct FuelCells efficiently generate clean electricity at distributed locations
near customer locations, including hospitals, schools, universities, hotels and
other commercial and industrial facilities, as well as in grid-support
applications for utility customers. Essentially, Direct FuelCells are like
large, continuously operating batteries that generate electricity as long as
fuel, such as natural gas, is supplied. Since the fuel is not burned, there is
no pollution commonly associated with the combustion of fossil fuels. Because
hydrogen is generated directly within the fuel cell module from readily
available fuels such as natural gas and wastewater treatment gas, DFC power
plants are ready today and do not require the creation of a hydrogen
infrastructure.  This high-efficiency technology generates more electric power
from less fuel and with less carbon dioxide emissions than traditional
combustion methods.

About FuelCell Energy, Inc.

FuelCell Energy, Inc., based in Danbury, Connecticut, is a world leader in the
development and manufacture of high temperature hydrogen fuel cells for clean
electric power generation, currently offering DFC power plant products ranging
in size from 250 kilowatts to 2 megawatts for applications up to 50 megawatts. 
Its wholly owned subsidiary, Global Thermoelectric Inc., is a leader in the
development of solid oxide fuel cell (SOFC) products and the world's largest
manufacturer and distributor of thermoelectric stationary power generators for
use in remote locations.

The Company has developed commercial distribution alliances for its carbonate
Direct FuelCell technology with MTU CFC Solutions GmbH, a company of
DaimlerChrysler AG, in Europe; Marubeni Corporation in Asia; Caterpillar, PPL
Energy Plus, Chevron Energy Solutions and Alliance Power in the U.S; and
Enbridge in Canada.  FuelCell Energy is developing Direct FuelCell technology
for stationary power plants with the U.S. Department of Energy through its
Office of Fossil Energy's National Energy Technology Laboratory.  More
information is available at http://www.fuelcellenergy.com/ .

This news release contains forward-looking statements, including statements
regarding the Company's plans and expectations regarding the development and
commercialization of its fuel cell technology. All forward- looking statements
are subject to risks and uncertainties that could cause actual results to differ
materially from those projected. Factors that could cause such a difference
include, without limitation, the risk that commercial field trials of the
Company's products will not occur when anticipated, general risks associated
with product development, manufacturing, changes in the utility regulatory
environment, potential volatility of energy prices, rapid technological change,
and competition, as well as other risks set forth in the Company's filings with
the Securities and Exchange Commission. The forward-looking statements contained
herein speak only as of the date of this press release. The Company expressly
disclaims any obligation or undertaking to release publicly any updates or
revisions to any such statement to reflect any change in the Company's
expectations or any change in events, conditions or circumstances on which any
such statement is based. 

DATASOURCE: Enbridge Inc.; FuelCell Energy , Inc.



CONTACT:  Media and Investors - Steven P. Eschbach, CFA, of FuelCell

Energy, [phone], ; or Media - Jim Rennie,

[phone], , or Investors - Colin Gruending,

[phone], , both of Enbridge



Web site:  http://www.enbridge.com/

http://www.fuelcellenergy.com/ 

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