Enbridge Energy Partners, L.P. (NYSE:EEP) ("Enbridge Partners") announced that the underwriters of its recent equity offering exercised their option to purchase an additional 136,200 Class A Common Units to cover over-allotments. This sale was part of Enbridge Partners' equity offering priced on November 16, 2005 and was at the public offering price of $46.00 per unit. The sale will close on Wednesday, December 21.
Copies of the final prospectus supplement and related prospectus for the offering may be obtained from: UBS Securities at 299 Park Avenue, 29th floor, New York, NY 10171. Direct any requests to the attention of the Prospectus Department at (212) 713-8802.
Enbridge Energy Partners, L.P. (www.enbridgepartners.com) owns the U.S. portion of the world's longest liquid petroleum pipeline and is active in natural gas gathering, processing and transmission. Enbridge Energy Management, L.L.C. (www.enbridgemanagement.com) (NYSE:EEQ) manages the business and affairs of the Partnership and its principal asset is an approximate 17.5% interest in the Partnership following the above noted transaction.
Enbridge Energy Company, Inc., an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alberta, is the General Partner of Enbridge Partners and holds an approximate 10.9% effective interest in Enbridge Partners following the above noted transaction. Enbridge Inc. (www.enbridge.com) common shares are traded on the Toronto Stock Exchange and on the New York Stock Exchange under the symbol "ENB."
This news release does not constitute an offer to sell or a solicitation of an offer to buy the limited partnership interests described herein, nor shall there be any sale of these limited partnership interests in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus and related prospectus supplement.
CONTACT: Enbridge Energy Partners, L.P.
Toll-free: (866) EEP INFO or (866) firstname.lastname@example.org