SOURCE: Enbridge Energy Partners, L.P.

Enbridge Energy Partners, L.P.

February 25, 2010 17:27 ET

Enbridge Energy Partners Announces $500 Million Senior Notes Offering

HOUSTON, TX--(Marketwire - February 25, 2010) - Enbridge Energy Partners, L.P. (NYSE: EEP) (the "Partnership") announced that today it has priced an offering of $500 million principal amount of its 5.200% Notes due March 15, 2020 at an offering price of $99.959 (per $100 of principal) to yield 5.205%. The offering is scheduled to close on March 2, 2010.

The Partnership intends to use the net proceeds of approximately $496 million to repay a portion of its outstanding credit facility and commercial paper borrowings that it used to finance a portion of its capital expansion projects, including the Alberta Clipper project.

Citi, Morgan Stanley and Wells Fargo Securities are acting as joint book-running lead managers of the offering. When available, copies of the final prospectus supplement and related prospectus for this offering may be obtained from: Citigroup Global Markets, Telephone 1-877-858-5407; Morgan Stanley & Co. Incorporated, Telephone 1-866-718-1469; and Wells Fargo Securities, Telephone 1-800-326-5897.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering may be made only by means of a prospectus supplement and accompanying base prospectus.

Enbridge Energy Partners, L.P. owns the U.S. portion of the world's longest liquid petroleum pipeline and is active in natural gas gathering, treating, processing and transmission. Enbridge Energy Management, L.L.C. (NYSE: EEQ) manages the business and affairs of the Partnership and its sole asset is an approximate 14 percent interest in the Partnership. Enbridge Energy Company, Inc., an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alberta, is the general partner.

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