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Easton Energy LLC

About

Easton Energy is a Houston-based midstream company focused on developing infrastructure assets that support the transportation, storage, and processing of NGL, refined products, and petrochemicals. Easton’s primary assets include liquid hydrocarbon salt cavern storage facilities at Markham, TX and approximately 416 miles of product distribution pipelines that connect key product markets along the Texas and Louisiana Gulf Coast. Easton Energy is backed by Cresta Fund Management, a middle-market focused infrastructure firm focused on investing in hard assets that transport, store, process or sequester basic materials.

Editor's note: Updated Nov. 11, 2020.

Headquarters Address

15375 Memorial Dr, Suite 850
Houston, TX 77079
United States

Main Phone Number

Transactions

Report Date Amount (MM) Description
2020-11-10 --

Easton Energy Buys Exxon Mobil Pipeline System in South Texas

Easton Energy Buys Exxon Mobil Pipeline System in South Texas

Report Date Amount (MM) Description
2018-12-06 $177.00

Williams Sells Gulf Coast Assets To Easton Energy For $177 Million

Williams Sells Gulf Coast Assets To Easton Energy For $177 Million

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2021-09-30 Easton Energy LLC Equity $245.00

Received a preferred equity investment of up to $245 million from Global Infrastructure Partners through…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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News

GIP Makes Up to $245 Million Investment in Houston-based Easton Energy

Proceeds from the GIP investment will be used to fund the organic growth of Easton Energy’s asset base and other strategic growth opportunities, with a tailored delayed draw structure to support both existing and future growth projects.

Easton Energy Buys Exxon Mobil Pipeline System in South Texas

The South Texas Pipeline System has 720 miles of pipeline and runs from Exxon Mobil's Clear Lake and Katy Gas Plants to Energy Transfer's King Ranch Gas Plant and the Port of Corpus Christi

Easton Energy Adds Crude, NGL Storage Rights at Texas Facility

Demand for energy storage has soared as the COVID-19 pandemic crushed fuel demand, spurring oil producers and traders to fill storage facilities across the U.S.