Humble Midstream, LLC is pleased to announce that they have reached an agreement to exit their joint venture with Enbridge Inc. for an undisclosed amount.
Humble Midstream to Facilitate Enbridge-Yara Joint Development Project by Exiting Ingleside Low-Carbon Ammonia Project
Enbridge and Humble Midstream to Develop Low-carbon Hydrogen and Ammonia Production and Export Facilities at Enbridge Ingleside Energy Center
Enbridge Inc. and Humble Midstream, LLC, an EnCap Flatrock Midstream portfolio company, are pleased to announce the joint development and marketing of a low-carbon hydrogen and ammonia production and export facility which will be located at the Enbridge Ingleside Energy Center, near Corpus Christi, Texas.
Humble Midstream Secures Initial $300 Million Capital Commitment from EnCap Flatrock Midstream
Humble Midstream, LLC (“Humble”) today announced it has secured an initial capital commitment of $300 million from EnCap Flatrock Midstream (“EFM”). Based in Denver and formed in mid-2020, Humble Midstream is an independent energy company focused on acquiring and building midstream assets in conventional and unconventional plays across North America. Its goal is to create value by improving efficiencies and expanding the customer base of acquired businesses and/or building competitive new assets that serve the needs of the North American energy market.