DBRS confirms Enbridge Energy

DBRS said it confirmed Enbridge Energy Partners, LP's commercial paper rating at R-2 (middle), senior unsecured notes at BBB and junior subordinated notes BB (high).

The trend is stable.

The company has made significant progress on its large multi-year capital expenditure program, DBRS said.

The recent completion of major liquids pipeline projects, including the $1.2 billion U.S. portion of the Alberta Clipper pipeline and the $150 million North Dakota Phase VI pipeline expansion has improved the partnership's business risk profile, the agency said.

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