Nuevo Midstream Closes on $65M
Houston-based energy start-up Nuevo Midstream LLC has closed on $65 million in equity financing from EnCap Energy Infrastructure Fund, Torch Energy Advisors and Petroleum Fuels Company. The funding will support the formation of Nuevo Midstream, which will focus on developing and operating midstream infrastructure for natural gas producers in southeast New Mexico and west Texas. EnCap Energy Infrastructure Fund is managed by San Antonio-based private equity firm EnCap Flatrock Midstream.
13 April 2011•4 mins read
