What is Moda?
Moda Midstream is a prominent provider of midstream solutions, specializing in the transportation, storage, and logistics of crude oil and liquids. Established in 2015 and headquartered in Kingwood, Texas, the company plays a crucial role in the energy supply chain by facilitating the efficient movement and storage of vital commodities.
How much funding has Moda raised?
Moda has raised a total of $750M across 1 funding round:
Private Equity
$750M
Private Equity (2015): $750M with participation from EnCap Flatrock Midstream
Key Investors in Moda
EnCap Flatrock Midstream
EnCap Flatrock Midstream is a venture capital firm focused on investments within the oil, gas, and energy industries. Founded in 2008, the firm is based in San Antonio, Texas, and actively backs companies in the energy infrastructure space.
What's next for Moda?
The substantial enterprise-level funding secured by Moda Midstream indicates a strong growth trajectory and potential for expansion within the midstream infrastructure market. This capital infusion is likely to support further development of transportation networks, storage facilities, and logistics capabilities, reinforcing its strategic importance in the crude oil and liquids sector. The company is poised to leverage this investment for enhanced operational capacity and market reach.
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