“Alder Midstream is focused on improving existing gas infrastructure assets and constructing new projects to facilitate gas flow globally.”. Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Gas Compressors Ltd (GCL) is a packaging company specialising in... Gas Compressors Ltd (GCL) is a packaging company specialising in manufacturing custom-built gas compressor and booster packages for use in the power generation, landfill, water and petrochemical industries. Its three sub-sectors of focus are value-added natural gas gathering and processing, the liquefied natural gas (“LNG”) value chain, and stranded gas infrastructure, including gas-to-liquids. IACX NRUs are scalable and modular, providing producers with the flexibility to match a growing project’s needs. Glenfarne's seasoned executives, asset managers and operators develop, acquire, manage and operate energy and infrastructure assets throughout North and South America. Recent Posts. Milbank Advises on Acquisition by Alder Midstream of IACX Energy Created with Sketch. IACX Energy LLC Haddington Ventures LLC Alder Midstream LLC Third Coast Midstream Llc-Gathering Business ArcLight Capital Partners LLC Starwood Energy Group Global LLC D&E Transport Inc Lazer Spot Inc SunteckTTS Holdings LLC The ComVest Group Mode Transportation LLC Arise Virtual Solutions Inc Advised energy infrastructure firm Glenfarne Group and affiliate Alder Midstream in the acquisition of IACX Energy from Haddington Ventures, and an immediate bolt-on acquisition. These systems are focused on natural gas, natural gas liquids and helium. Glenfarne Group’s midstream infrastructure affiliate Alder Midstream acquired natural gas gathering and processing business IACX Energy, based in Dallas, Texas, from funds managed by Houston-based private equity firm Haddington Ventures. It provides gathering, processing, and treating services to oil and gas producers. Glenfarne Group founder and managing partner Brendan Duval said: “As global energy demand grows with emerging technologies, clean-burning natural gas is expected to represent nearly half of new energy consumption over the next several decades, and demand for natural gas liquids and helium is expected to remain high as well. Alder Midstream is pleased to announce it closed the acquisition of IACX Energy LLC (“IACX”), a value-added natural gas gathering and processing business, from … Enter your email address so we can get in touch. Marketing of the remaining capacity is underway. Alder Midstream maintains offices and assets in the United States and is part of the Glenfarne Group, LLC family of companies. This deal is a part of their larger initiative for Alder Midstream, focusing on value-added natural gas, gathering and processing, the LNG value chain, and stranded gas infrastructure. Head of legal for Alder Midstream and its portfolio companies, IACX Gathering and Texas LNG, as well as for Magnolia LNG, overseeing all legal, regulatory and corporate governance matters. The Registered Agent on file for this company is Corporation Service Company Dba Csc - Lawyers Incorporating Service Company and is located at 211 E. 7th Street, Suite 620, Austin, TX 78701-3218. Advised DCC plc on an agreement to acquire NGL Energy Partners LP's retail propane business in … The IACX business will continue to be led by CEO Rex Canon, who brings nearly three decades of senior executive experience in the energy industry, including deep expertise across natural gas gathering and processing in the Americas. (Milbank.com) Mr. Bucher’s career spans three decades as a CEO and senior executive in the natural gas industry supporting the substantial growth of companies including Eagle Rock Energy, Enbridge, and Dynegy. Practice Area. Perceived Added Value. This deal is a part of their larger initiative for Alder Midstream, focusing on value-added natural gas, gathering and processing, the LNG value chain, and stranded gas infrastructure. Texas LNG leadership includes co-Founders Vivek Chandra and Langtry Meyer, who collectively bring over 50 years of experience in the international energy markets. Alder Midstream aims to focus on value-added natural gas gathering and processing, the LNG value chain, and stranded gas infrastructure. Glenfarne is a privately held energy and infrastructure development and management firm based in New York City with offices in Panama City, Panama; Santiago, Chile; Bogota, Colombia and Houston, Texas. Its subsidiaries include IACX Energy, a value-added natural gas gathering and processing business; and Texas LNG, an LNG export business. “The Alder Midstream platform has a robust pipeline of additional projects across North America, and I’m looking forward to working with Glenfarne, Texas LNG and IACX to execute on these growth opportunities,” said Mr. Bucher. The firm designs, constructs and operates natural gas gathering, treating and processing facilities. Texas LNG has export permit capacity up to 4 MTA (million tonnes per annum) and has signed detailed non-binding term sheets with state-owned and private enterprise customers from Asia and Europe for cumulative total volumes exceeding 2 MTA. Do you have interesting content to share with us? Alder Midstream closed the acquisition of IACX Energy LLC, which operates three gathering systems and six processing plants focused on natural gas, natural gas liquids and helium and over 4,000 miles of gathering pipelines across the Mid-Continent region and New Mexico. Alder Midstream closed the acquisition of IACX Energy LLC, which operates three gathering systems and six processing plants focused on natural gas, natural gas liquids and helium and over 4,000 miles of gathering pipelines across the Mid-Continent region and New Mexico. Demand for natural gas is driven by the transition away from coal, the resurgence of the petrochemical industry, and the need for power generation assets to support grid stability in increasingly renewable-reliant grids. Alder Midstream is pleased to announce that Texas LNG received authorization from the Federal Energy Regulatory Commission (FERC) on November 21, 2019 to site, construct and operate an LNG export facility along the Brownsville Ship Channel in Brownsville, Texas. Follow the company to be always up to date with this company. Alder Midstream, a part of the Glenfarne Group, a privately held energy and infrastructure development and management firm, completed its acquisition of IACX Energy, which produces oil and gas. Meccanica Gervasoni supplies high-technology engineering services to the hydrocarbons sector. Also based in the US, IACX operates across the Mid-Continent region and New Mexico with three gathering and processing systems. Details. Ups... For full functionality of this site it is necessary to enable JavaScript. Alder Midstream executive vice-chairman Alex Bucher said: “The Alder Midstream platform has a robust pipeline of additional projects across North America, and I’m looking forward to working with Glenfarne, Texas LNG and IACX to execute on these growth opportunities.”. IACX business comprises six processing plants and more than 4,000 miles of gathering pipelines, which will continue to be led by CEO Rex Canon. FusionCharts XT will load here! GIW’s ZW vertical pumps are suited for pumping highly abrasive slurry, as well as applications such as dewatering, floor clean-up and process transfer. Alder Midstream also owns majority ownership and is a managing member of Texas LNG Brownsville, a $3.5bn late-stage LNG export development project. Innumerabilia dici possunt in hanc sententiam, sed non necesse est. For more information, please visit www.glenfarnegroup.com. We use them to give you the best experience. GIW manufactures reliable and robust slurry pumps, while also delivering... GIW manufactures reliable and robust slurry pumps, while also delivering transport solutions to the oil sands industry. Samsung Engineering Co., Ltd. is a minority equity owner in and strategic partner to Texas LNG LLC (a member of Texas LNG Brownsville LLC). ALDER MIDSTREAM OPCO, LLC: TEXAS FOREIGN LIMITED-LIABILITY COMPANY (LLC) WRITE REVIEW: Address: 21790 Hughes Landing Blvd The Woodlands, TX 77380: Registered Agent: Corporation Service Company Dba Csc - Lawyers Incorporating Service Company: Filing Date: … Pro-glenfarne@prosek.com FERC’s authorization is a crucial step in the environmental review process, in which FERC considered publicly available data, federal and state agency input, stakeholders’ comments, and extensive engineering, safety, and design information. Glenfarne today announced its Alder Midstream subsidiary has closed on the purchase of IACX Energy, which brings the company three gathering and processing systems across the Mid-Continent and New Mexico. (Hydrocarbons Technology) Milbank advised lenders on the transaction. Innumerabilia dici possunt in hanc sententiam, sed non necesse est. Hover over the logos to learn more about the companies who made this project possible. 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Glenfarne Group’s midstream infrastructure affiliate Alder Midstream has acquired natural gas gathering and processing business IACX Energy from funds managed by US-based private equity firm Haddington Ventures. Milbank LLP advised the lenders in the financing of the acquisition of IACX Energy LLC (“IACX”) by Alder Midstream, LLC (“Alder”), a midstream infrastructure affiliate of Glenfarne Group, LLC, focused on building, owning and operating midstream assets in the Americas. New York - Prime Colombia Barranquilla, S.A.S. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. The indicator measures the evaluation of the difference between the cost of the tax / legal counsel and the contribution of the professional to achieve the business objectives of … E.S.P. If you continue to use this site we will assume that you are happy with it. The company's filing status is listed as In Existence and its File Number is 0803518498. from Celsia S,A. Milbank Advises on $1.1B Project to Improve Energy Efficiency and Modernize OSU Campus Created with Sketch. “As global energy demand grows with emerging technologies, clean-burning natural gas is expected to represent nearly half of new energy consumption over the next several decades, and demand for natural gas liquids and helium is expected to remain high as well,” said Brendan Duval, Founder and Managing Partner of Glenfarne Group. Glenfarne Group’s midstream infrastructure affiliate Alder Midstream has acquired natural gas gathering and processing business IACX Energy from funds managed by US-based private equity firm Haddington Ventures. Glenfarne Group owns and operates Alder Midstream. New technologies, news, new products, essential guides and more. According to the 2018 Interstate Natural Gas Association of America (INGAA) Foundation, Inc. report on “North America Midstream Infrastructure through 2035,” approximately $900 billion of greenfield infrastructure capital expenditures are required to capitalize on the U.S.’s growing natural gas production and meet global demand through 2035. The business is dedicated to deep value creation through developing, enhancing, repositioning and overhauling assets in both mainstream and overlooked market niches. Kris Cole The business features six processing plants and over 4,000 miles of gathering pipelines, inclusive of a bolt-on acquisition that IACX completed concurrent with the purchase by Alder. Samsung Engineering is also taking part in the LNG project through a minority stake. The GIW Minerals TBC is currently the most operated severe duty slurry pump in the Canadian Oil Sands Industry. NEW YORK--(BUSINESS WIRE)--Glenfarne Group, LLC ("Glenfarne"), a developer, owner-operator and industrial manager of energy and infrastructure assets, announced a number of important new initiatives for Alder Midstream, LLC (“Alder Midstream” or “Alder”), its midstream infrastructure affiliate focused on building, owning and operating midstream assets in the investment-grade Americas. Alder Midstream Opco, LLC is a Texas Foreign Limited-Liability Company (Llc) filed on January 14, 2020. Texas LNG is majority-owned by Glenfarne Group’s affiliate Alder Midstream. Alder Midstream, an affiliate of Glenfarne Group, LLC, is the majority owner of Texas LNG Brownsville LLC. (310) 652-1411. Texas LNG seeks to supply the abundance of Permian gas to customers globally and is strategically located at one of the closest ports to the Panama Canal. Alder Midstream is pleased to announce it closed the acquisition of IACX Energy LLC (IACX), a value-added natural gas gathering and processing business, from funds managed by Houston, Texas-based midstream energy private equity firm Haddington Ventures, LLC. Alder Midstream builds, owns and operates midstream infrastructure assets in the investment-grade Americas, focusing on value-added natural gas gathering and processing, the LNG value chain, and stranded gas infrastructure, including gas-to-liquids. Financial terms were not disclosed. “Alder Midstream is focused on improving existing gas infrastructure assets and constructing new projects to facilitate gas flow globally.”. Alex Bucher, who serves as Executive Vice Chairman of Alder Midstream, provides additional strategic guidance and operational leadership. and Prime Energía Colombia S.A.S., subsidiaries of EnfraGen, have entered into an agreement to purchase 100% of the shares in the company Zona Franca Celsia S,A. Haddington Ventures in the sale of IACX Energy, a gas gathering and helium extraction and marketing business, to Alder Midstream, an affiliate of the Glenfarne Group; The majority shareholder of a manufacturer of cinema seating in the sale of a majority equity ownership to a private investment firm Alder Midstream is pleased to announce it closed the acquisition of IACX Energy LLC (“IACX”), a value-added natural gas gathering and processing business, from funds managed by Houston, Texas-based midstream energy private equity firm Haddington Ventures, LLC. Representation of Haddington Ventures in the sale of IACX Energy, a gas gathering and helium extraction and marketing business, to Alder Midstream, an affiliate of the Glenfarne Group. Active Lawyers; Law Firms; Active Lawyers The Chart shows a balanced list of partners advising Glenfarne Group LLC - … Alder Midstream, including its affiliates and subsidiaries, is supported by a team of over 100 people. Alder Midstream is also the majority owner and Managing Member of Texas LNG Brownsville, LLC (“Texas LNG”), a $3.5 billion late-stage LNG export development project in Brownsville, Texas. Alder Midstream is pleased to announce it closed the acquisition of IACX Energy LLC (“IACX”), a value-added natural gas gathering and processing business, from funds managed by Houston, Texas-based midstream energy private equity firm Haddington Ventures, LLC. E.S.P. Glenfarne Group And Alder Midstream,LLC's Acquisition Of IACX Energy LLC - Global Legal Chronicle; Tristream Energy Announces Plans For New Pipeline Injection … Alder Midstream to focus on value-added natural gas gathering and processing, the LNG value chain, and stranded gas infrastructure. Last month, the project received US Federal Energy Regulatory Commission (FERC) authorisation to construct and operate an LNG export facility along the Brownsville Ship Channel in Texas. The acquisition includes six processing plants and 4,000 miles of natural gas and NGL gathering lines. View all news. Also based in the US, IACX operates across the Mid-Continent region and New Mexico with three gathering and processing systems. IACX Energy LLC designs, builds and operates a fleet of nitrogen rejection and CO2 removal plants. Milbank Advises SMBC and Natixis in Acquisition Financing of Backup Power … Headquartered in Dallas, Texas, IACX operates three gathering and processing systems focused on natural gas, natural gas liquids and helium across the Mid-Continent region and New Mexico. Helium Recovery Helium is a valuable commodity usually found in natural gas containing high levels of inert gases. We use cookies to ensure that we give you the best experience on our website. While new supply basins continue to emerge, the industry requires additional infrastructure across the supply chain to ensure demand is met. Glenfarne Group And Alder Midstream,LLC's Acquisition Of IACX Energy LLC.

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