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ArcLight Energy subsidiary sells East Texas operating platform
Transactions - SEPTEMBER 23, 2022

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ArcLight Energy subsidiary sells East Texas operating platform

by Kali Persall

Midcoast Energy, a subsidiary of ArcLight Energy Partners Fund VI, has sold its East Texas operating platform to Momentum Midstream, a subsidiary of EnCap Flatrock Midstream and other financial partners.

The platform consists of an East Texas Haynesville-to-Gulf Coast midstream business providing in-basin gathering, processing and treating, as well as long-haul transportation to rapidly growing end-markets, including the U.S. Gulf Coast.

During its ownership of Midcoast, ArcLight invested more than $300 million in the expansion of the East Texas Business. The business anchored ArcLight's 2018 acquisition of Midcoast, and the segment realized throughput growth of more than 75 percent during its ownership.

“The East Texas Business plays an important role providing domestic and international markets access to clean, affordable and reliable energy resources produced in the Haynesville,” said Dan Revers, founder and managing partner of ArcLight. “ArcLight is ex

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