E3 Consulting Services served as Independent Engineer for the first phase of Caliche Development Partners’ Spindletop Expansion Project in Beaumont, Texas, which recently reached Final Investment Decision (FID) and achieved financial close.
The Spindletop Expansion Project will add significant natural gas storage capacity to support the growing reliability and flexibility needs of Gulf Coast energy markets. As the Independent Engineer, E3 provided technical due diligence services to support the financing process, helping lenders and other stakeholders evaluate key technical, commercial, and execution considerations.
We are proud to have supported Caliche and the financing parties in advancing this important energy infrastructure project and appreciate the opportunity to contribute to another successful transaction.
To learn more about E3’s Independent Engineering and technical due diligence services for oil, gas, chemicals, hydrogen, and energy infrastructure projects, contact Al Rettenmaier, Managing Director of Oil, Gas, Chemicals.