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New Deal


Announced

EnCap Flatrock Midstream to invest $350m in Elysian Carbon Management.

Financials

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Transaction Value£264m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Environmental / Waste Management

Pending

carbon management

Minority

Private

Private Equity

United States

Acquisition

Single Bidder

carbon capture

Domestic

Friendly

Synopsis

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EnCap Flatrock Midstream, which provides value-added growth capital to proven management teams, agreed to invest $350m in Elysian Carbon Management, a carbon management company. "Elysian is at the forefront of developing projects necessary to support carbon reduction goals across North America. Few independent teams in this nascent sector have a comparable depth and breadth of the technical, financial and operational experience needed to bring CCS projects to fruition," David J. Kurtz, EFM Managing Partner.

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