Candor Midstream said Tuesday it’s secured an initial $200 million capital commitment from private equity firm EnCap Flatrock Midstream.
The year-old, Houston-based midstreamer is pursuing organic, greenfield projects and select acquisitions, Kallanish Energy finds.
“We are humbled and excited to work with EnCap Flatrock,” said Candor president and CEO Darrel Hagerman, a 33-year energy industry veteran.
Crain, Caton & James served as legal adviser to Candor, while Gibson, Dunn & Crutcher acted as counsel to EnCap Flatrock Midstream.
https://www.shaledirectories.com/blog/candor-secures-200m-commitment-from-encap/
No comments:
Post a Comment