Gas storage tank. (Source: Shutterstock)
The first Texas greenfield gas storage facility in over a decade opened Jan. 16 in Anderson County, about 100 miles southeast of Dallas.
Independent company Trinity Gas Storage started operations for the first phase of its facility, which has a current natural gas capacity of 24 Bcf, according to a Jan. 16 press release.
In its announcement, the company said the site was in an ideal location to support growing demand for electric power and data centers. Trinity has secured contracts with utilities, natural producers and marketing and trading companies with connections to the LNG market.
“The opening of the facility marks a significant achievement for Texas’ energy security and electrical reliability,” said Trinity CEO Jim Goetz in the press release.
Trinity plans to finish the next phase of the facility in the second quarter of 2026.
The project sponsor, Transition Equity Partners (TEP), led the investment alongside Pan Capital Management, Rice Investment Group, SailingStone Capital Partners and Abrdn PLC.
“Having followed ERCOT, the Texas grid and its energy system since the deregulation of generation in 1999, the need for incremental gas storage was evident to TEP and the multi-faceted consortium of investors it assembled who collectively brought expertise in gas storage, upstream, midstream and development to this exciting project,” said Pat Eilers, managing partner and founder of Transition Equity Partners.
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