Bluewing Midstream Announces the Start of Construction for Its Phase II Expansion Project in Brownsville, Texas

HOUSTON–(BUSINESS WIRE)–Bluewing Midstream LLC (“Bluewing”), a high-growth, bulk liquids
terminal and logistics operator with operations in the Port of
Brownsville, is pleased to announce the start of construction for its
Phase II Expansion Project (“Phase II”) to support growing customer
demand. Upon completion, Phase II will add 300,000 barrels of new
liquids storage capacity capable of handling gasoline, diesel, jet fuel
and other petroleum products. Phase II, when combined with Bluewing’s
existing assets in the Port of Brownsville, will provide existing and
potential customers approximately 1.1 million barrels of storage
capacity serving South Texas and exports to Mexico and other
international markets. Bluewing anticipates Phase II to commence initial
operations in late 2019.


“We are very excited to break ground on our Phase II expansion project
and continue to build upon our existing operations,” said Bluewing CEO
Todd Reid. “Phase II will allow us to advance our strategic organic
development vision while continuing to provide flexible and efficient
terminal and logistics solutions to our customers.”

About Bluewing Midstream LLC:

Bluewing Midstream LLC was formed to acquire, develop and operate bulk
liquids terminals along the U.S. Gulf Coast. Bluewing’s terminal assets
are strategically located in Brownsville, Texas, serving South Texas,
Mexico and other international markets. Founded in July 2015 and
headquartered in Houston, Texas, Bluewing provides terminaling services
including bulk storage, blending, heating and transloading. Bluewing is
backed by Energy Spectrum Capital, a well-established private equity
firm located in Dallas, Texas. For more information please visit www.bluewingmidstream.com.

About Energy Spectrum Capital:

Founded in 1995, Energy Spectrum Capital (“Energy Spectrum”) is a
Dallas, Texas-based private equity firm focused on partnering with
premier management teams that are pursuing compelling opportunities in
the midstream sector of the North American oil and gas industry. To
date, Energy Spectrum has successfully raised approximately $4.4 billion
of equity capital across eight funds. For more information please visit www.energyspectrum.com

Contacts

Todd Reid
[email protected]
713-357-9650

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