Article

Tailwater Capital LLC has acquired a majority interest in Central Midstream Partners, LLC, enhancing its investments in natural gas infrastructure. Central Midstream, established over 50 years ago, operates over 100 miles of pipeline and 350,000 barrels of storage capacity, primarily serving the Gulf Coast and Utica regions.

The acquisition aims to support growth opportunities, with Tailwater planning to invest additional equity from Tailwater Fund V. George Jordan will continue as CEO of Central Midstream, which provides logistics and terminal services connecting Utica condensate production to various markets. The transaction is backed by legal advice from Gibson, Dunn & Crutcher LLP and Troutman Pepper Locke LLP.