SGRM who is developing the Southern Pines Energy Center is owned 60% by SGR Holdings, LLC a privately-held Houston-based company which develops, constructs, owns and operates high-deliverability salt cavern natural gas storage facilities and 40% By the Southern Pines Energy Investment Company, LLC, which is owned by ArcLight Energy Partners Fund II, L.P. (“ArcLight”), a fund managed by ArcLight Capital Partners, LLC (“ArcLight Capital”).
Gas operations can be scheduled with the Natural Gas Inventory....