Vecino Energy Partners, a San Antonio–based company focused on developing midstream infrastructure to support the domestic oil and gas industry, has secured an equity commitment of $200 million from EnCap Flatrock Midstream and Vecino’s esteemed management team.
Vecino said it plans to acquire and develop infrastructure to support the domestic oil and gas industry by leveraging its broad-based energy experience, which includes executive positions at public and private companies focused on upstream reserve development, oil and gas marketing, wellhead to consumer midstream systems, refining, and heavy product storage and distribution.
“We are truly excited to work with the EnCap Flatrock team and believe that the alignment of both our investment philosophies, particularly in light of current market conditions, will result in a very productive partnership,” said Wayne Ziegler, CEO of Vecino.