Enbridge to Invest $1.2B in Enbridge Energy Partners Via Private Placement

By: Benzinga
Enbridge (NYSE: ENB ) ("Enbridge") and Enbridge Energy Partners, LP (NYSE: EEP ) ("EEP" or the "Partnership") today announced that they have entered into an agreement whereby Enbridge will invest $1.2 billion in preferred units issued by EEP, and which is expected to close later today. Additionally, EEP
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