Limited partner interests are represented by two classes of partnership units.
- Class A Common Units are publicly traded on the New York Stock Exchange (NYSE:MEP).
- Class B Common Units, for which there is no established market, are owned by the General Partner.
Midcoast Holding, L.L.C., a wholly-owned subsidiary of Enbridge Energy Partners, L.P., is the General Partner and owns a 2 percent GP interest.
Click here to view an Ownership Structure chart showing ownership interests.
Limited Partner Units
Midcoast Energy Partners will use a conservative mix of debt financing and partner capital to fund expansion projects and acquisitions. The following table shows partnership units outstanding as at the Issue Date noted. In total, the units represent a 98% ownership interest, with the remaining 2% owned by the General Partner.
|As of Date
|Feb. 15, 2017
Click here to view a full Partnership Units History table.
Common Units Trading
Class A Common Units of Midcoast Energy Partners, L.P are listed on The New York Stock Exchange.
Common Units Prospectus
Any new issue of Midcoast Energy Partners Class A Common Units sold by us to the general public will be sold pursuant to a prospectus, which must be filed with the U.S. Securities and Exchange Commission. For historical prospectuses, see SEC Filings. Prospectuses contain information current only to the date of the prospectus.
Direct Purchase Plan and Distribution Re-Investment Plan
Midcoast Energy Partners does not currently offer limited partnership units for purchase under either a DPP or a DRIP.
Registered unitholders should use the services of our Transfer Agent to make account changes. Non-registered ("street name") unitholders should contact their broker to make account changes.