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Fundraising - APRIL 24, 2020

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Camelback Midstream raises $400m from ArcLight Capital Partners

by Kali Persall

Camelback Midstream has secured a $400 million capital commitment from a fund managed by ArcLight Capital Partners and the Camelback Midstream management team.

Camelback Midstream is focused on the acquisition and organic development of midstream infrastructure, including gathering, transportation, storage and marketing.

Led by CEO Brent McCune, Camelback Midstream’s management team has more than 110 years of combined energy industry experience, according to the company.

“We look forward to building Camelback Midstream with a focus on targeted regions where we see opportunity and have strong relationships and a history of success,” said McCune. “We are excited to have an experienced infrastructure investor like ArcLight as our partner, as we evaluate potential acquisition and investment opportunities in this rapidly evolving midstream landscape.”

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