Enbridge Energy Partners (EEP) Concludes Strategic Review, Declares Distribution for Q1
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Enbridge Energy Partners, L.P. Announces Conclusion of Strategic Review and Declares Distribution for First Quarter 2017
April 28, 2017 8:04 AM EDTHOUSTON, TX -- (Marketwired) -- 04/28/17 -- Enbridge Energy Partners, L.P. (NYSE: EEP) (EEP or the Partnership) announced today that it has concluded its strategic review and taken several comprehensive actions to strengthen the Partnership's financial position and outlook. The actions, taken together with its general partner, Enbridge Energy Company, Inc. (EECI or the General Partner), a subsidiary of Enbridge Inc. (NYSE: ENB) (Enbridge), position the Partnership as a pure-play, liquids pipeline MLP with a low-risk commercial profile, stable cash flows, a strong balance sheet, healthy distribution coverage, visible... More
