Moda Completes Sale of Vopak Moda Houston Terminal Interest

HOUSTON–(BUSINESS WIRE)–Moda Midstream (“Moda”) announced today that the company and its financial sponsor EnCap Flatrock Midstream completed the previously announced sale of Moda’s 50 percent interest in the Vopak Moda Houston terminal joint venture to Madrid-based Exolum, a leading European logistics company for liquid products, with operations in nine countries. Terms of the agreement were not disclosed. “Moda has again accomplished its mission to develop the most advantaged, sophisticated

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