Orrick Advises ArcLight on Sale of the Nation’s Largest Privately Owned Gas Storage Company

June.01.2022

Orrick advised ArcLight Capital Partners, a leading private equity firm focused on energy, infrastructure and energy transition, on the sale of the nation’s largest privately owned gas storage company, Enstor Gas, to Infrastructure Investments Fund (IIF), an investment vehicle advised by J.P. Morgan Investment Management Inc. Headquartered in Houston, Enstor owns and operates six active underground natural gas storage facilities in in Alabama, Mississippi, Texas and New Mexico with more than 110 billion cubic feet (bcf) in working gas capacity, approximately 179 miles of transmission pipelines and 39 interconnects to major transmission pipelines. The Enstor headquarters will remain in Houston, and the Enstor executive team will continue to manage the company.

The Orrick team was led by Blake Winburne and Brad Gathright and included, among others, Michelle Pichardo, Adam Kowis, John Narducci, James Larkin, Lisa Tonery, Craig Falls, Sue Cowell, Darrell Thomas, Jennifer Clarke-Smith, Danielle Mangogna, John Flynn, Keith Tidwell, Mariah Johnston, Josh Emmett and Eric Newman.