Energy Transfer and Sunoco Logistics Complete Previously Announced Project Financing for Dakota Access and Closing of a Sale of a Minority Equity Interest in Bakken Pipeline

DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco Logistics Partners L.P. (NYSE:SXL) today announced that they have successfully completed approximately $3.4 billion of committed debt financing and equity transactions, including the project financing for the Dakota Access Pipeline (“DAPL”) and Energy Transfer Crude Oil Pipeline (“ETCOP”) projects (collectively the “Bakken Pipeline”), as well as the closing of the previously announced sale by ETP and SXL of a 36.75% interest in the Bakken Pipeline to MarEn Bakken Company LLC (“MarEn”), an entity jointly owned by MPLX LP and Enbridge Energy Partners, L.P.