"Enbridge Partners is pleased to announce the first post initial public offering ("IPO") drop-down of additional interests in our jointly owned natural gas and NGL midstream business to Midcoast Partners. EEP's drop-down plans for MEP are pivotal components of EEP's funding program. The proceeds from this and prospective drop-downs are important sources of equity capital for Enbridge Partners as we execute on our multi-billion dollar liquids pipelines organic growth program. We are excited that the closing of the transaction will be in-line with our accelerated time-line for 2014, and the Partnership will optimize the size and timing of future drop down plans to meet the mutual objectives of Enbridge Partners and Midcoast Partners," said Mark Maki, president for Enbridge Partners. "EEP has a vested interest in MEP's success.