American Midstream Partners Buys Natural Gas Assets From Enbridge Energy Partners (NYSE: EEP)
06 11월 2009 - 9:00AM
PR Newswire (US)
DENVER, Nov. 5 /PRNewswire/ -- American Midstream Partners
announced that yesterday it completed the purchase of twelve
natural gas pipelines and gathering and processing assets from
Enbridge Energy Partners, LP (NYSE:EEP) in a transaction valued at
approximately $151 million. The assets include two interstate gas
pipelines and a substantial network of intrastate pipelines and
gathering and processing systems located primarily in Louisiana,
Mississippi, Alabama and Tennessee that serve industrial,
commercial and local distribution companies. "We believe that this
is a unique opportunity to create a leading company delivering
natural gas throughout the southeastern U.S.," said Brian Bierbach,
President and CEO of American Midstream Partners. "We are excited
about the possibilities for building on the strong platform that we
have acquired from Enbridge. Our focus will be on improving the
operations, providing superior customer service and growing these
assets both organically and through selected strategic
acquisitions. We begin a new chapter for these proven assets with
an experienced management team, a strong balance sheet, and a
dedicated investment partner." About American Midstream Partners,
LP American Midstream Partners, LP is a growth oriented private
partnership that owns, operates and develops energy infrastructure
assets and provides a comprehensive range of services to link
energy suppliers to utility, industrial, commercial and residential
consumers. Headquartered in Denver, American Midstream Partners
also has an office in Houston and field operating offices in
Alabama, Louisiana and Mississippi. DATASOURCE: American Midstream
Partners CONTACT: Jessica Hobbs of American Midstream Partners,
+1-303-951-4287,
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