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Energy limited partnership Duncan Energy files terms

January 12, 2007
DEP

Duncan Energy Partners, an L.P. formed by Enterprise Products Partners that gathers, transports and stores natural gas, set the terms for its IPO on Friday. The Houston-based company plans to offer 13 million units at a range of $19-$21 per unit. The deal, which has a proposed market cap of $405 million, is being managed by Lehman Brothers and UBS. Timing has yet to be announced.