Lotus Midstream is backed by an initial equity commitment of $400 million from EnCap Flatrock Midstream.
EnCap Flatrock Midstream is a venture capital firm with a singular focus: identifying, investing in and enhancing the value of great businesses and attractive assets in the midstream sector of North America's oil and gas industry. Founded in 2008 by Flatrock Energy Advisors and EnCap Investments L.P., the firm is guided by a disciplined and persistent approach to value creation through the rigorous application of intellectual and financial capital. The San Antonio-based firm manages the EnCap Flatrock Midstream Funds I, II, III and IV, which together have approximately $9 billion in capital commitments from a broad range of prestigious institutional investors.
