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Enbridge reports growth in net income

Enbridge Energy Partners LP reported a fourth-quarter 2006 net income of $59.7 million, a 20 percent increase over the same period in 2005. For the 2006 calendar year, Enbridge reported a net income of $293.4 million, 228 percent increase over 2005.

Enbridge Energy Partners LP reported a fourth-quarter 2006 net income of $59.7 million, a 20 percent increase over the same period in 2005.

For the 2006 calendar year, Enbridge reported a net income of $293.4 million, 228 percent increase over 2005.

"The partnership had significantly improved results throughout 2006, and adjusted net income of $229 million was at the top end of the range we previously indicated for annual earnings," Partnership President Terrance L. McGill said in a news release. "The year finished on a strong note in terms of system utilization and this bodes well for 2007 and beyond."

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