Akin Gump Advises Cardinal Midstream in $300M Commitment from EnCap
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(Dallas) – Akin Gump has advised Cardinal Midstream Partners, a newly formed independent midstream company based in Dallas, in an initial capital commitment of $300 million from EnCap Flatrock Midstream. A team from Akin Gump advised Cardinal in the transaction.
Pursuant to the transaction, Cardinal will pursue acquisition and development opportunities in prolific basins across North America with a focus on natural gas gathering and processing as well as congruent carbon capture and sequestration.
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The Akin Gump team was led by corporate partner Wesley Williams. He was joined by tax partners Julia Pashin and Shariff Barakat and corporate associate Michael Daus.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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