Midcoast Energy Partners, L.P., (MEP) is a full-service natural gas and natural gas liquid (NGL) midstream business. We're a growth-oriented limited partnership, formed by Enbridge Energy Partners, L.P. (EEP) to serve as EEP's primary vehicle for owning and growing its natural gas and NGL midstream business in the United States. MEP and EEP are part of the Enbridge Inc. family of companies.
We remain focused on executing our strategic objectives to grow the business by increasing our scale, expanding our scope, extending our reach and enhancing our capabilities to deliver sustainable value to our unitholders over the long term.
Our assets consist of a 51.6 percent controlling interest in Midcoast Operating, a Texas limited partnership that owns a network of natural gas and NGL gathering and transportation systems, natural gas processing and treating facilities and NGL fractionation facilities primarily located in Texas and Oklahoma, which we refer to as the gathering, processing and transportation business. Midcoast Operating also owns and operates natural gas, condensate and NGL logistics and marketing assets, referred to as the Logistics and Marketing business, that supports its Gathering, Processing and Transportation business. Through our ownership of Midcoast Operating’s general partner, we control, manage and operate these systems. EEP has retained a 48.4 percent non-controlling interest in Midcoast Operating.
The Gathering, Processing and Transportation business primarily consists of gathering unprocessed and untreated natural gas from wellhead locations and other receipt points on our systems, processing the natural gas to remove NGLs and impurities at our processing and treating facilities, and transporting the processed natural gas and NGLs to intrastate and interstate pipelines for transportation to various customers and market outlets.
The Logistics and Marketing business markets natural gas, NGLs and condensate received from the gathering, processing and transportation business to wholesale customers.
Midcoast Energy Partners, L.P. is headquartered in Houston, Texas.
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