American Midstream Partners Buys Natural Gas Assets From Enbridge Energy Partners (NYSE: EEP)

American Midstream Partners Buys Natural Gas Assets From Enbridge Energy
Partners (NYSE: EEP)

DENVER, Nov. 5 /PRNewswire/ -- American Midstream Partners announced that
yesterday it completed the purchase of twelve natural gas pipelines and
gathering and processing assets from Enbridge Energy Partners, LP (NYSE: EEP)
in a transaction valued at approximately $151 million. The assets include two
interstate gas pipelines and a substantial network of intrastate pipelines and
gathering and processing systems located primarily in Louisiana, Mississippi,
Alabama and Tennessee that serve industrial, commercial and local distribution
companies.

"We believe that this is a unique opportunity to create a leading company
delivering natural gas throughout the southeastern U.S.," said Brian Bierbach,
President and CEO of American Midstream Partners. "We are excited about the
possibilities for building on the strong platform that we have acquired from
Enbridge. Our focus will be on improving the operations, providing superior
customer service and growing these assets both organically and through
selected strategic acquisitions. We begin a new chapter for these proven
assets with an experienced management team, a strong balance sheet, and a
dedicated investment partner."

About American Midstream Partners, LP
American Midstream Partners, LP is a growth oriented private partnership that
owns, operates and develops energy infrastructure assets and provides a
comprehensive range of services to link energy suppliers to utility,
industrial, commercial and residential consumers. Headquartered in Denver,
American Midstream Partners also has an office in Houston and field operating
offices in Alabama, Louisiana and Mississippi.

SOURCE American Midstream Partners

Jessica Hobbs of American Midstream Partners, +1-303-951-4287,
jhobbs@americanmidstream.com