Established in 2015 in response to a need for a different midstream approach, Bluewing Midstream seeks to enter emerging markets with its portfolio of liquid bulk storage terminals on the US Gulf Coast
The US Gulf Coast represents a unique opportunity in the global midstream market and Bluewing Midstream is looking to capitalise on this potential and to
expand into new markets.
The Houston-based company, which was created in July 2015, secured an initial equity commitment of $100 million from Energy Spectrum Partners later that year to acquire and develop oil and gas storage terminal and transportation assets focused on serving Mexico and Latin America.
Since then, the company has acquired two storage terminals in the Port of Brownsville. Both facilities are located next to each other and are run as a single, synergistic operation.
The company is currently in the midst of capital expansion projects adding 1.9 million barrels of new storage capacity to serve the growing impor...