DALLAS, TEXAS — January 22nd, 2010 — Energy Transfer Equity, L.P. (NYSE: ETE) announced that due to market conditions over the past several days, ETE has opted to not move forward with the contemplated debt offering at this time.
Energy Transfer Equity, L.P. (NYSE: ETE) is a publicly traded partnership, which owns the general partner of Energy Transfer Partners, L.P. and approximately 62.5 million ETP limited partner units.
Energy Transfer Partners, L.P. (NYSE: ETP) is a publicly traded partnership owning and operating a diversified portfolio of energy assets. ETP has pipeline operations in Arizona, Colorado, Louisiana, New Mexico, and Utah, and owns the largest intrastate pipeline system in Texas. ETP’s natural gas operations include gathering and transportation pipelines, treating and processing assets, and three storage facilities located in Texas. ETP currently has more than 17,500 miles of pipeline in service and has a 50% interest in joint ventures that have approximately 500 miles of interstate pipeline in service. ETP is also one of the three largest retail marketers of propane in the United States, serving more than one million customers across the country.
Contacts Investor Relations: Brent Ratliff Energy Transfer 214-981-0700 (office)
Media Relations: Vicki Granado Granado Communications Group 214-361-0400 direct 214-498-9272 cell
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