Aug 8, 2011
Enbridge Energy Partners (NYSE:EEP) announced that it will construct a 150 million cubic feet per day cryogenic natural gas processing plant on its Anadarko gas gathering system near Wheeler, Texas.
The $230 million Ajax plant--strategically located to serve the rapidly Granite Wash play will add much-needed gas processing capacity to the Patnership's
Anadarko system is expected to be in-service by early 2013.
Enbridge Energy Partners (NYSE:EEP) has a potential upside of 25.8% based on a current price of $26.35 and an average consensus analyst price target of $33.14.
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