Announced

NGP Energy and Old Ironsides Energy to invest $250m in Mora Energy.

Synopsis

NGP Energy, a private equity firm, and Old Ironsides Energy, an energy-focused private equity firm, agreed to invest $250m in Mora Energy, a recently formed energy infrastructure company. "We are thrilled to partner with the Mora team for their latest midstream venture. We believe the Mora team has one of the best track records in midstream and is well positioned to be successful in the current environment. The team possesses the right operational and commercial skillsets to execute at the highest level," Brian Seline, NGP Energy Partner.

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