On January 16, 2023, E Split Corp. announced an at-the-market (ATM) offering of Preferred Shares and Class A Shares, each valued at up to $200 million, totaling $400 million. The offering, facilitated by National Bank Financial Inc. as the sole agent, aimed to issue shares on the TSX at prevailing market prices to support its investment portfolio focused on Enbridge Inc.

The offering is set to close on February 13, 2025. Legal advisors included Fasken Martineau DuMoulin LLP for E Split Corp. and McCarthy Tétrault LLP for the agent. The TSX conditionally approved the listing subject to regulatory compliance.