HOUSTON – Troutman Pepper Locke advised Gulf Coast Midstream Partners, LLC, a private developer of energy midstream assets, in connection with a growth capital investment and equity commitment from Black Bay Partners to advance the development of the Nash Energy Storage Hub, a permitted natural gas storage and transportation development project located on the Nash Salt Dome in Fort Bend County, Texas. For more information, see the press release.
Strategically located near more than 15 major inter- and intrastate natural gas pipelines, the Nash Energy Storage Hub serves LNG, power and utilities, midstream, upstream oil and gas, and industrial assets across Texas, Louisiana, and the broader Gulf Coast region. Investment proceeds will support advancing Phase I of the Nash Energy Storage Hub to a final investment decision.
The team that represented Gulf Coast Midstream Partners was led by Kevin Peter and John Arnold, with support from Eric Larson, Jessie J. Ames, Pat Beaton, Mechelle Smith, Jennie Simmons, Mark Miller, and Elizabeth Casey.
Troutman Pepper Locke’s market-leading energy practices help clients with their most important and complex matters throughout the U.S. and beyond. From electric power, oil and gas, or emerging technologies, the cross-discipline team is equipped to handle any related matters, drawing on the depth of the firm’s knowledge in the market. Troutman Pepper Locke regularly advises electric utilities, independent power producers, banks, upstream and midstream natural gas companies and service companies, private equity funds, and other large corporations. Learn more at energylawinsights.com.
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