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Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's premier pipeline and midstream companies.
For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting supply sources to premium markets.
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Spectra Energy Partners is a limited partnership interest formed in July 2007 by Spectra Energy Corp. Spectra Energy serves as the MLP's general partner and manages and operates the entity with an overall 74 percent retained ownership (limited partner & general partner units). The initial MLP assets included a 100 percent interest in East Tennessee Natural Gas pipeline, a 49 percent interest in Gulfstream Natural Gas pipeline system and a 50 percent interest in a gas storage business, Market Hub Partners, or "MHP." In 2008 and 2009, Spectra Energy Partners added to its portfolio of assets a 100 percent interest in Saltville Gas Storage and a 100 percent interest in Ozark Gas Transmission, respectively.