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About Kellas Midstream
Kellas Midstream is an independent energy infrastructure company that specializes in the development, operation, and investment in midstream infrastructure, primarily focusing on natural gas transportation and processing. Here are some key points about the company:
- Founding and History: Kellas Midstream was founded in 2014 and was formerly known as CATS Management Limited. It changed its name to Kellas Midstream in December 2018 to reflect its expanding portfolio of assets[1][2].
- Headquarters and Operations: The company is headquartered in London, England, but it also has a significant presence in Aberdeen, Scotland[1][5]. Kellas Midstream owns and operates critical midstream infrastructure, including the Central Area Transmission System (CATS), the Esmond Transportation System (ETS), and the Humber Gathering System (HGS)[4].
- Business Strategy: Kellas Midstream focuses on supporting UK energy security, securing a sustainable net-zero energy transition, and creating sustainable value through partnerships with industry and government[4]. The company is committed to maximizing asset throughput and extending the life of midstream assets[3].
- Ownership: Kellas Midstream is owned by a consortium of private equity fund managers, including BlackRock and GIC, who acquired the company from Antin Infrastructure Partners in 2020[4].
- Projects and Initiatives: One of Kellas Midstream's significant projects is H2NorthEast, which aims to deliver over 1 GW of low-carbon hydrogen from its CATS terminal in Teesside. This project will provide hydrogen to industries in the region and could heat over 1 million households once completed[3].
- Revenue and Employees: As of recent data, Kellas Midstream has reported revenue of approximately $5.8 million and employs around 61 people[5].
Overall, Kellas Midstream plays a crucial role in the UK's energy infrastructure, focusing on both traditional energy assets and emerging low-carbon technologies like hydrogen production.
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