Monday, May 2, 2011

Enterprise GP Holdings (NYSE:EPE) New Energy Deal

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tdp2664 E money daily Enterprise GP Holdings (NYSE:EPE) has entered into an agreement with Dunan Energy. Enterprise GP Holdings (NYSE:EPE) New Energy Deal Enterprise GP Holdings (NYSE:EPE) Products Partners has reached an agreement to buy the rest of Duncan Energy Partners (DEP), in a deal that values Duncan at about $2.5 billion. According to reports, Enterprise GP Holdings (NYSE:EPE) will add 9,400 miles of gas pipelines to its 50,200 miles of onshore and offshore pipelines at a time of higher gas production in North America. Enterprise GP Holdings (NYSE:EPE) said that the deal will immediately add to its distributable cash flow.



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