Enbridge Energy LP Fund Company Profile

Description

Enbridge Energy Partners, L.P. owns and operates a diversified portfolio of crude oil and natural gas transportation systems in the United States. It operates through two segments, Liquids and Natural Gas. The Liquids segment operates Lakehead system that consists of interstate common carrier crude oil and liquid petroleum pipeline, and storage assets, which transports crude oil and liquid petroleum from western Canada to the United States. This segment also operates North Dakota crude oil system that consists of approximately 683 miles long, has 23 pump stations, delivery points, and storage facilities with a storage capacity of approximately 1.8 million barrels; and Mid-Continent system, which includes approximately 433 miles of crude oil pipelines and 23.6 million barrels of storage capacity. This segment serves integrated oil companies, independent oil producers, and refiners and marketers. The Natural Gas segment operates natural gas and natural gas liquids (NGL) gathering and transportation pipeline systems, natural gas processing and treating facilities, and NGL fractionation facility, as well as provides trucking, rail, and liquids marketing services in east and north Texas, as well as the Texas Panhandle and western Oklahoma. This segment operates approximately 10,900 miles of natural gas and NGL gathering and transmission pipelines. This segment also offers natural gas supply, transportation, balancing, storage, and sales services. This segment serves natural gas aggregators, wholesale customers, refiners and petrochemical producers, fractionators, propane distributors, and industrial customers, various third parties, and end users. Enbridge Energy Company, Inc. operates as a general partner of Enbridge Energy Partners, L.P. The company was formerly known as Lakehead Pipe Line Partners, L.P. and changed its name to Enbridge Energy Partners, L.P. in 2001. Enbridge Energy Partners, L.P. was founded in 1991 and is headquartered in Houston, Texas.