Jeremy Ham, CEO of Greenfield Midstream LLC, is today’s Forty Under 40 featured honoree.
Greenfield, which is backed by EnCap Flatrock Midstream, was initially formed in the summer of 2017. Just months after formation, Greenfield struck deals allowing it to deploy all its initial $300 million commitment, which has been upsized to $450 million with EnCap Flatrock.
Jeremy doesn’t see it stopping there. “I am proud of our team and all we have done alongside our partners and customers to create value in such a short period of time,” he said.
Greenfield is currently focused on oil gathering and terminaling in the Denver-Julesburg Basin with its joint- venture partner, Noble Midstream Partners LP.
Blackstone Energy Partners made an equity commitment of $500 million in Waterfield Midstream, a Permian Basin oil and gas water management platform.
Financial Times reports that deal could be signed by next week.
Company’s revolving credit facility increases to $100 million.