Willkie Farr & Gallagher LLP
09/10/2025 | News release | Distributed by Public on 09/10/2025 14:06
Willkie Represents EnCap Flatrock Midstream in Formation and Funding of Aspen Midstream II
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Willkie Represents EnCap Flatrock Midstream in Formation and Funding of Aspen Midstream II
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September 10, 2025
Willkie represented EnCap Flatrock Midstream in the formation of and equity commitment in Aspen Midstream II.
Aspen Midstream II will pursue midstream infrastructure opportunities across North America, primarily targeting natural gas transmission and last-mile solutions to support unprecedented gas demand growth.
Headquartered in Dallas, Aspen Midstream is an independent energy company launched in 2017 to fill strategic voids in the midstream sector. Aspen Midstream creates value for producers by offering a full-service portfolio of midstream solutions. Capabilities include natural gas gathering, processing, compression, treating and transmission; NGL transmission; condensate stabilization; crude oil gathering and terminaling. Aspen is backed by EnCap Flatrock Midstream.
EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm was formed in 2008 by a partnership between EnCap Investments L.P. and Flatrock Energy Advisors, LLC. Based in San Antonio with offices in Houston, the firm manages investment commitments of over $9 billion from a broad group of prestigious institutional investors. EnCap Flatrock Midstream is currently making commitments to new management teams from its latest flagship fund, EFM V.
The Willkie team was led by partners Sarah McLean and Robert Jacobson and associate Erin Kaufman.
Aspen Midstream II will pursue midstream infrastructure opportunities across North America, primarily targeting natural gas transmission and last-mile solutions to support unprecedented gas demand growth.
Headquartered in Dallas, Aspen Midstream is an independent energy company launched in 2017 to fill strategic voids in the midstream sector. Aspen Midstream creates value for producers by offering a full-service portfolio of midstream solutions. Capabilities include natural gas gathering, processing, compression, treating and transmission; NGL transmission; condensate stabilization; crude oil gathering and terminaling. Aspen is backed by EnCap Flatrock Midstream.
EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm was formed in 2008 by a partnership between EnCap Investments L.P. and Flatrock Energy Advisors, LLC. Based in San Antonio with offices in Houston, the firm manages investment commitments of over $9 billion from a broad group of prestigious institutional investors. EnCap Flatrock Midstream is currently making commitments to new management teams from its latest flagship fund, EFM V.
The Willkie team was led by partners Sarah McLean and Robert Jacobson and associate Erin Kaufman.
Sarah McLean Partner Corporate & Financial Services Dallas Houston [email protected] +1 713 898 0724
Robert Jacobson Partner Tax Houston [email protected] +1 713 510 1713
Erin Kaufman Associate Corporate & Financial Services Houston [email protected] +1 713 510 1718
Related Practice Areas
Asset Management Private Funds Corporate & Financial Services Private Equity Energy & Utilities
Related Locations
Houston
600 Travis Street
Houston , TX 77002
Willkie Farr & Gallagher LLP published this content on September 10, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 10, 2025 at 20:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]