Led · Equity · Dec 2021

Elysian provides integrated end-to-end carbon capture and storage (CCS) solutions to owners of industrial and power facilities seeking to transition to low-carbon products and meet ESG goals through emissions reduction. The company develops, builds and owns carbon capture assets, affiliated capture facilities, CO2 pipelines and CO2 storage assets across basins in North America. Elysian plans to develop, build and operate carbon storage sites and the infrastructure required to connect emission sources to geologic storage. The leadership team includes CEO Bret Logue, CCO Keith Tracy, CFO Michael Pepe, CSO Michael Schwartz and SVP David Watson, who together have more than 50 years of CCS experience and over 150 years in the energy sector. Financially, Elysian has secured an initial capital commitment to support its project development and asset programs. Sidley Austin LLP served as legal counsel to Elysian on the transaction.

Led · Equity · Jan 2019

Clear Creek Midstream is focused on the development of midstream infrastructure and provides a full suite of midstream services to oil and gas producers operating in shale plays across North America. Headquartered in Houston and established in late 2018, the company pursues organic, greenfield projects and select acquisition opportunities. Clear Creek announced an initial $300 million equity commitment from EnCap Flatrock Midstream, which backs the company. The three founders have more than 50 years of combined experience and have generated in excess of $4 billion in transactions across the midstream sector. The management team is led by CEO and founder Rick Van Eyk and includes COO David Kley and CCO Chase Sturdevant, each with senior roles at EnLink Midstream and other large energy companies. Clear Creek says it will combine its team’s operational experience with EnCap Flatrock’s financial strength and industry relationships to grow the business and deliver cost-effective infrastructure to premium markets.

Led · Equity · Aug 2018

Candor Midstream is an independent energy company focused on the development of midstream infrastructure across North America. The firm pursues organic greenfield projects and select acquisition opportunities. It offers tailored midstream solutions including gas gathering, processing and treating; crude oil gathering, terminaling and logistics; and produced water gathering. Headquartered in Houston and established in 2017, Candor is led by founder and CEO Darrel Hagerman and a management team with experience at Crestwood Midstream Partners, Enbridge, ONEOK and other industry firms. The company emphasizes close, field-based customer engagement to develop customized midstream solutions. Candor announced an initial $200 million capital commitment from EnCap Flatrock Midstream to support its aggressive growth strategy.

Led · Equity · Mar 2018

Getka Energy provides storage, blending, truck-to-pipe and pipeline transportation solutions to crude oil producers and domestic and international marketers. Its solutions leverage technology, market relationships and asset expertise. The company initially focuses on multiple basins and market hubs throughout the Midcontinent, including the market center at Cushing, Oklahoma. Getka is led by CEO Dariusz Cichocki, CCO Clete Straub and COO Matthew Turner. Financially, the company secured an initial equity commitment of $250M. The commitment was made by EnCap Flatrock Midstream together with the Getka management team.

Led · Equity · Feb 2018

Lotus Midstream develops midstream infrastructure and services for crude oil and condensate, including gathering, transportation and storage. The company focuses on organic development and is also pursuing strategic acquisitions. Management emphasizes high-growth opportunities in the Permian Basin and the Midcontinent. Lotus is led by three founding partners—CEO Mike Prince, CCO Emily Baker and COO Jen Fontenot—with more than 55 years of combined energy-industry experience and prior joint work at Sunoco Logistics. Lotus was established in early 2018 and is based in Sugar Land, Texas. The company is backed by a $400 million initial capital commitment from EnCap Flatrock Midstream and the Lotus management team to execute its business plan.