NEW YORK (Standard&Poor's) April 1, 2010--Standard&Poor's Ratings Services said today that there is no effect on the rating on Enterprise Products Partners L.P. (BBB-/Stable/--) following its announcement that is has agreed to purchase two natural gas gathering and treating systems in Northwest Louisiana and East Texas for about $1.2 billion. The assets complement Enterprise's core business and geographic footprint while the State Line system connects to the company's Haynesville extension pipeline, which is expected to be completed in the third quarter of 2011. Substantial volume growth potential exists on the two systems, especially the State Line system, which could significantly improve the transaction's current economics. Enterprise's increased size and its improving financial profile and associated strengthening
