NEW YORK (Standard&Poor's) July 1, 2010--Standard&Poor's Ratings Services said today that there is no impact on the rating on U.S. midstream energy company Enterprise Products Partners L.P. (EPD; BBB-/Positive/--) following its announcement it will build-out projects in the growing Eagle Ford shale play. Enterprise plans to install 350 miles of pipelines, build a new natural gas processing facility, and add a new natural gas liquids (NGL) fractionator at the Mont Belvieu complex near the Houston Ship Channel. The projects are well positioned relative to EPD's existing asset base, which will enhance EPD's competitive position. We view these projects as having exposure to low to moderate capital spending risk. EPD's aggressive growth strategy involves many expansion projects,
