What is Moda?
Founded in 2015 and headquartered in Kingwood, Texas, Moda Midstream operates as a specialized provider of midstream solutions. The company focuses on the complex logistics of crude oil and liquid transportation and storage. By maintaining a strategic presence in key energy corridors, Moda provides essential infrastructure services that facilitate the efficient movement of energy commodities. Its market position is defined by a commitment to operational excellence and the development of high-capacity storage assets that serve as the backbone for regional energy distribution networks.
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, LLC is a venture capital company that invests in oil, gas and energy industries. The company was founded in 2008 and is based in San Antonio, Texas.
What's next for Moda?
With the infusion of this major strategic investment, Moda is poised to enter a phase of aggressive infrastructure expansion. The company is expected to prioritize the scaling of its storage and logistics capabilities to meet the increasing demands of the energy market. By optimizing its asset portfolio and enhancing its transportation network, Moda aims to solidify its competitive advantage. Future growth will likely center on operational efficiency and the integration of advanced logistics technologies to streamline the handling of crude oil and liquid products, ensuring the firm remains a cornerstone of the midstream energy value chain.
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