DBRS Rates Enbridge Energy Partners, L.P.’s New Issue at BBB, Stable

DBRS has today assigned a rating of BBB, with a Stable trend, to the following Enbridge Energy Partners, L.P. (EEP) new debt issuance:

(1) Proposed USD 600 million 4.2% senior unsecured notes (the Notes) maturing on September 15, 2021, with an expected settlement date of September 15, 2011.

(2) Proposed USD 150 million 5.5% Notes maturing on September 15, 2040, with an expected settlement date of September 15, 2011. The issue is a re-opening of the September 2010 issue in the original amount of USD 400 million.

The Notes will rank equally with all of EEP’s other senior unsecured indebtedness. Net proceeds from the issues will be used to repay short-term indebtedness and for general corporate purposes.

Note:

The applicable methodology is Rating North American Pipeline and Diversified Energy Companies, which can be found on the DBRS website under Methodologies.