News & Resources

Private equity firm funds midstream startup with $200 million

May 18, 2017
San Antonio Business Journal

San Antonio-based based private equity firm EnCap Flatrock Midstream is pumping $200 million into a newly-formed midstream company.

EnCap Flatrock Midstream is providing Aspen Midstream LLC with an initial commitment of $200 million in private equity. Aspen Midstream plans to transport and store natural gas, condensate and crude oil in addition to providing saltwater disposal services.