Inc. was acquired by Interprovincial Pipe Line System Inc., which changed its name to IPL Energy Inc. in 1994, after the acquisition of Consumers' Gas (now Enbridge Gas Inc.) and diversification into the gas distribution business. In addition, it acquired stakes in AltaGas Services and the electric utility of Cornwall, Ontario. Through the 1990s, the company expanded its gas pipeline network and acquired a stake in the Chicap oil pipeline. It also built the Athabasca Pipeline from northeastern Alberta to the main pipeline system. In 1995, the company expanded its activities outside of North America by taking a stake in the Ocensa pipeline. This stake was sold in 2009. IPL Energy became Enbridge Inc in 1998. The Enbridge name is a portmanteau from "energy" and "bridge". In the 2000s, Enbridge introduced several large projects. Enbridge made their first investment into renewable energy in 2002 with the purchase of a wind farm, and since then has been consistently making efforts to become a leader in renewable energy in Canada. In 2006, it announced the Enbridge Northern Gateway Pipelines Project from Athabasca to Kitimat, British Columbia. The same year, it announced the Alberta Clipper pipeline project from Hardisty, Alberta to Superior, Wisconsin, to connect oil sands production area with the existing network. This pipeline became operational in 2010. In 2009, Enbridge bought the Sarnia Photovoltaic Power Plant and expanded it up to 80 MW, which was the world's largest photovoltaic power station at that time. In January 2017, Enbridge acquired Midcoast Energy Partners for $170 million in cash, and later in 2018, ArcLight acquired Midcoast Operating, L.P. from Enbridge for $1.1 billion. Enbridge released its first annual sustainability report in 2001, and in November 2020, Enbridge expanded its environmental, social and governance (ESG) goals and targets. The company aims to achieve net-zero greenhouse gas emissions by 2050, with an interim target to reduce emissions intensity by 35% by 2030. That same year, President and CEO Al Monaco said that renewable power is now "the fourth Enbridge platform." Enbridge's ESG goals also aim to diversify its workforce with 28% representation from racial and ethnic groups and 40% from women by 2025. In 2021, Enbridge was recognized as one of Canada's top 100 employers for the 18th time, and as one of Canada's best diversity employers for the seventh time. Merger with Spectra Energy On September 6, 2016, Enbridge agreed to buy Spectra Energy