July 28, 2016
Enbridge Energy Management, L.L.C. (NYSE: EEQ) ("Enbridge Management") manages the business and affairs of Enbridge Partners, and its sole asset is an approximate 16 percent limited partner interest in Enbridge Partners.
Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners" or "the Partnership") announced that the board of directors of the delegate of the Partnership's general partner has declared a quarterly cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis, on all of the Partnership's outstanding units for the quarter ended June 30, 2016.
During the second quarter, the Partnership completed the final phase of the Eastern Access Expansion, adding an incremental 70,000 barrels per day (bpd) of capacity to the Lakehead system between Griffith, Ind., and Stockbridge, Mich.
"The Partnership continues to successfully execute its organic growth program, bringing needed additional capacity and connectivity to our liquids pipeline systems."