EnCap Flatrock to invest in Aspen Midstream II.

EnCap Flatrock, a venture capital firm, agreed to invest in Aspen Midstream II, a midstream service provider. Financial terms are not disclosed. "We are pleased to continue our long-term partnership with the Aspen II team and support their differentiated natural gas strategy. We are in the midst of a full-blown natural gas super-cycle driven by demand dynamics globally, in the form of LNG, and domestically, via power/datacenters. Aspen II’s extensive residue gas experience and deep commercial relationships positions the platform well for growth and value creation," Sam Pitts, EnCap Flatrock Midstream Managing Partner.