Lotus Midstream Secures $400M Capital Commitment from EnCap Flatrock Midstream
Vinson & Elkins advised Lotus Midstream, LLC, a crude oil logistics provider, in connection with an initial capital commitment of $400 million from EnCap Flatrock Midstream and the Lotus management team.
Based in Sugar Land, Texas, Lotus Midstream is an independent energy company focused on the organic development of midstream infrastructure and services necessary to transport crude oil and condensate from the wellhead to market.
The V&E corporate team was led by senior associate Matthew Falcone with assistance from associate Brittany Smith.
About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.
For more information, please speak with our media contacts.