Articles from EnCap Flatrock Midstream

EnCap Flatrock Midstream (“EnCap Flatrock”) today announced the execution of definitive agreements to sell Momentum Midstream (“Momentum,” “M6,” or the “Company”), a leading independent midstream energy company of which EnCap Flatrock is a financial sponsor, to The Williams Companies, Inc. (“Williams”) (NYSE: WMB) for up to $5.5 billion.

EnCap Flatrock Midstream (“EnCap Flatrock”), a midstream energy investment manager, today announced the promotions of Matthew Melton to managing director and Ian Morris to vice president.

EnCap Flatrock Midstream (“EFM”) today announced the execution of two separate definitive agreements to sell Ironwood Midstream Energy Partners II, LLC (“Ironwood II” or the “Company”) and all EFM-owned and outstanding Plains Series A Preferred Units to Plains All American, L.P. (NYSE: PAA) for over $800 million in cash. The transactions are expected to close in the first quarter of 2025, subject to customary closing conditions, including regulatory approvals.

Lotus Midstream (“the Company”) and its financial sponsor EnCap Flatrock Midstream (“EnCap Flatrock”) today announced they have signed a definitive agreement to sell Lotus Midstream to Energy Transfer LP (NYSE: ET) for approximately $1.45 billion. The transaction is expected to close in the second quarter of 2023, subject to regulatory approval and customary closing conditions.

EnCap Flatrock Midstream (“EnCap Flatrock”), a midstream energy investment manager, today announced the promotion of Brett Knowles to managing director from vice president.

EnCap Flatrock Midstream (“EFM”) today announced the promotion of Morriss L. Hurt to managing partner and chief operating officer. Founded in 2008, EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm manages funds with institutional capital commitments of approximately $9 billion.