News Press Releases

Enable Midstream Partners Announces Offering of Common Units

November 22, 2016

Enable Midstream Partners Announces Offering of Common Units

Enable Midstream Partners, LP (NYSE:ENBL) (the “Partnership”) today announced that it has commenced an underwritten public offering of 10,000,000 common units representing limited partner interests. In connection with the offering, the Partnership and Enogex Holdings LLC, a selling unitholder, intend to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 common units. The Partnership will not sell any common units pursuant to any exercise of the underwriters’ option to purchase additional common units until such exercise exceeds 1,424,281 common units. The Partnership intends to use the net proceeds from the offering for general partnership purposes.

Citigroup and Wells Fargo Securities are acting as joint bookrunners for the offering. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering may be obtained, free of charge, on the Securities and Exchange Commission’s website at www.sec.gov or by sending a request to:


Citigroup Global Markets Inc.					Wells Fargo Securities
c/o Broadridge Financial Solutions					375 Park Avenue
1155 Long Island Ave.					New York, NY 10152
Edgewood, NY 11717					Attn: Equity Syndicate Dept.
Telephone: (800) 831-9146					e-mail: cmclientsupport@wellsfargo.com
					phone: 1-800-326-5897

The common units are being offered and will be sold pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange Commission. This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

ABOUT ENABLE MIDSTREAM PARTNERS

Enable Midstream Partners is a publicly traded master limited partnership. The Partnership owns, operates and develops strategically located natural gas and crude oil infrastructure assets. The Partnership’s assets include approximately 12,500 miles of gathering pipelines, 14 major processing plants with approximately 2.5 billion cubic feet per day of processing capacity, approximately 7,900 miles of interstate pipelines (including Southeast Supply Header, LLC of which the Partnership owns 50%), approximately 2,200 miles of intrastate pipelines and eight storage facilities comprising 85.0 billion cubic feet of storage capacity.

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the securities laws. All statements, other than statements of historical fact, regarding the plans and objectives of management, including the closing of this offering and the use of proceeds therefrom, are forward-looking statements. These statements often include the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “forecast” and similar expressions and are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Partnership’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The Partnership assumes no obligation to and does not intend to update any forward-looking statements included herein. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements described under the heading “Risk Factors” included in our SEC filings. The Partnership cautions you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond its control, incident to the ownership, operation and development of natural gas and crude oil infrastructure assets. These risks include, but are not limited to, contract renewal risk, commodity price risk, environmental risks, operating risks, regulatory changes and the other risks described under “Risk Factors” in our SEC filings. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the Partnership’s actual results and plans could differ materially from those expressed in any forward-looking statements.