DCP Midstream Partners, a master limited partnership formed by Duke Energy that owns and operates midstream energy assets, registered Friday afternoon for an initial public offering. The Denver, Co-based company plans to offer 8.0 million shares on the IPO. For its 1H05, DCP generated revenues of $186 million with an EBITDA margin of 11.1%. Lehman Brothers and Citigroup will be the underwriters on the deal and have yet to announce terms or timing.
