HOUSTON, Feb. 25, 2020 /PRNewswire/ -- The East Texas
operating subsidiary of Midcoast Energy, LLC, a portfolio company
of ArcLight Capital Partners, has made a positive final investment
decision and entered into definitive, long-term anchor shipper
agreements in support of its CJ Express Expansion Project. CJ
Express will add compression and pipeline facilities at multiple
locations on Midcoast's existing East
Texas pipeline system. The expansion activities will
increase gathering capabilities in the high-growth Shelby Trough
area of the Haynesville Shale and increase Midcoast's Clarity
pipeline transmission capacity to Gulf Coast demand centers to
approximately 1 Bcfd. Midcoast expects CJ Express to be
completed in early 2021.
About Midcoast Energy, LLC
Midcoast Energy is a
full-service natural gas and natural gas liquids (NGL) midstream
business headquartered in Houston,
Texas. Midcoast Energy has gathering and processing
platforms operating in the Anadarko and East Texas supply basins of North America, an ownership interest in Texas
Express Pipeline, and engages in the transporting and marketing of
natural gas and natural gas liquids through its Logistics and
Marketing segment. More information about Midcoast Energy can be
found at www.midcoastenergy.com.
About ArcLight Capital Partners
ArcLight is one of the
leading infrastructure firms focused on North American energy
investments. Founded in 2001, the firm helped pioneer an
asset-based private equity approach to investing in the energy
sector. ArcLight has invested approximately $22 billion in over 100 transactions since
inception. Based in Boston, the
firm's investment team employs a hands-on value creation strategy
that utilizes its in-house technical, operational, and commercial
specialists as well as the firm's 1,500-person asset management
affiliate. More information about ArcLight, and a complete list of
ArcLight's portfolio companies, can be found at
www.arclightcapital.com.
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SOURCE Midcoast Energy, LLC