NEW YORK (Standard & Poor's) March 8, 2006--Standard & Poor's Ratings Services said today that it affirmed its 'BB+' corporate credit rating on midstream energy company Enterprise Products Partners L.P. following its annual review of the company. The outlook is stable. As of Dec. 31, 2005, the Houston, Texas-based company had $4.8 billion of debt outstanding. "We view many of Enterprise's new projects and current business fundamentals favorably," said Standard & Poor's credit analyst Aneesh Prabhu. "Still, uncertainty about the company's growth strategy, which currently appears insatiable, and a likely decline in distribution coverage as a result of significant capital tied in organic projects, mute upwards rating momentum," said Mr. Prabhu. In 2005, Enterprise used $615 million of equity proceeds
