Enbridge Energy
Partners, L.P. EEP announced today it has
commenced, subject to market conditions, an underwritten public
offering of approximately 8.5 million of its Class A Common Units
representing limited partner interests. The Partnership is expected
to grant the underwriters a 30-day option to purchase up to an
additional 1.275 million units to cover over-allotments, if any. The
Partnership expects to use the net proceeds from the offering,
including the proceeds from any exercise of the over-allotment
option, to fund a portion of its capital expansion projects, for
general partnership purposes or any combination of such purposes.
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