Enbridge to Invest $1.2B in Enbridge Energy Partners Via Private Placement
May 08, 2013 at 06:49 AM EDT
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