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Exolum Announces Agreement to Acquire 50% of Leading Ammonia and NGL Storage Terminal from Moda Midstream

Vinson & Elkins advised Moda Midstream LLC (“Moda”) in connection with its entry into a definitive agreement with Exolum, a global leader in liquid product storage and logistics, pursuant to which Exolum will acquire 50% interest in Vopak Moda Houston LLC, an ammonia storage, import and export terminal located on the Houston Ship Channel, from Moda.

The Vinson & Elkins team was led by partner Matt Falcone with assistance from senior associate Jordan Fossee and associates Sebastian Devora and Brad Oster. Other key team members include partner Sarah Mitchell; counsel Rajesh Patel and associate Alexa Chally; senior associate Alex Turner and associate Tushar Parashar; partner Ryan Carney, counsel Peter Rogers and associate Katie Dillard; partner Matt Dobbins and associate Simon Willis; partners Kara Kuritz, Rick Sofield and Hill Wellford, senior associate Ryan Will and associates Adam Thomas and Annabelle Castleman; partner Courtney Hammond; partner Sean Becker; partner Shane Tucker; and associates Destiny Alliniece and Brian Park.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting or connect with us on LinkedIn.

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