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Enbridge Energy Partners Foresees Strong Cash Flow

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July 3, 2012

Enbridge Energy Partners, L.P. announced that, given the decline in the natural gas liquids ("NGL") commodity price environment, it is updating its financial outlook for full year 2012.

The Partnership expects full year adjusted net income for the current year to be between $440 million and $470 million, with adjusted EBITDA forecasted to be between $1.12 and $1.17 billion. Although the near term outlook for its natural gas business is being affected by the recent declines in NGL prices, the impact of commodity prices is significantly mitigated by the Partnership's ...

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