Matthew C. Harris will rejoin EnLink Midstream LLC as chairman of the board of directors, the company said on March 15.
Harris, a founding partner of Global Infrastructure Partners (GIP), will succeed Leldon E. Echols, who will transition to lead independent director of the integrated midstream infrastructure service provider. Harris previously served on the board as a director from July 2018 to January 2019. His appointment takes effect on March 24.
“We are pleased to welcome back Matt to the EnLink Board,” EnLink CEO Jesse Arenivas said. “Matt brings vast investment, capital formation, and strategy experience, including within the energy industry and energy transition. His leadership will greatly help EnLink as we continue to build momentum with our traditional midstream and growing carbon transportation businesses. As a founding partner of GIP, his return to the board demonstrates GIP's deep commitment to EnLink.”
GIP’s investment portfolio encompasses $87 billion in global assets across 44 infrastructure companies, including EnLink. Total employment of those companies exceeds 100,000. GIP targets include the energy, transportation, digital, and water and waste sectors.
Harris manages GIP’s energy transition and decarbonization investment and capital formation strategy globally. He also oversees energy industry investment activities, including crude oil and refined product, natural gas, electricity as well as renewable power and battery storage, LNG, and carbon capture and storage. He is a member of GIP's executive, investment, and portfolio valuation committees and has been engaged in GIP’s investment, management and strategic activities since its formation in 2006.
Harris will replace William J. Brilliant, a GIP partner, on the board and will serve as chairman of the board's governance and compensation committee. EnLink also said that Kyle D. Vann will retire from the board after almost 17 years.
Recommended Reading
Shipping Traffic Freezes Up in Port Waters After Baltimore Bridge Collapse
2024-03-26 - U.S. port of Baltimore traffic was suspended until further notice following a bridge collapse. At least 13 vessels expected to load coal were anchored near the port at the time of the incident.
Segrist: The LNG Pause and a Big, Dumb Question
2024-04-25 - In trying to understand the White House’s decision to pause LNG export permits and wondering if it’s just a red herring, one big, dumb question must be asked.
Permian Gas Finds Another Way to Asia
2024-04-30 - A crop of Mexican LNG facilities in development will connect U.S. producers to high-demand markets while avoiding the Panama Canal.
Texas LNG Export Plant Signs Additional Offtake Deal With EQT
2024-04-23 - Glenfarne Group LLC's proposed Texas LNG export plant in Brownsville has signed an additional tolling agreement with EQT Corp. to provide natural gas liquefaction services of an additional 1.5 mtpa over 20 years.
Bakshani: Midstream Exhibiting M&A Fever Symptoms
2024-05-20 - East Daley Analytics identified several market factors in the midstream sector that point to further consolidation ahead.