PLH Group, Inc. (PLH), a portfolio company of private equity firm Energy Capital Partners, announced today that a consortium of large petroleum pipeline companies has selected Snelson Companies, Inc., a PLH company, to build 163 miles of 20-inch pipeline and related infrastructure, as part of a larger project to transport crude oil from the Permian Basin for delivery to the Texas Gulf Coast.
Mark Crowson, President and Chief Executive Officer of PLH, remarked, "We are very pleased to have the opportunity to partner with our customer and support the transportation of Permian Basin crude oil to Gulf Coast refineries. We anticipate that the strong investment forecast for energy pipelines will continue to create meaningful opportunities for Snelson and our other PLH companies in this market."
About PLH Group, Inc.
PLH is a leading provider of construction and maintenance services to the electric power delivery and pipeline industries in North America. Its customers include many of the largest utilities, regional cooperatives, renewable energy developers, commercial and industrial customers, and major oil and gas producers and midstream companies. PLH, a company started by Energy Capital Partners, has acquired Sun Electric, TESSCO, AIR 2, Auger Services, Snelson Companies, IPS Engineering, Southeast Directional Drilling, M&M Pipeline Services, Energy Services South, Pipeworx, and TTR Substations. PLH is actively seeking to expand further its service offerings and geographic footprint.
About Energy Capital Partners
Energy Capital Partners is a private equity firm with over $8 billion in capital commitments. The firm is focused on investing in the power generation, electric transmission and pipeline construction services, midstream oil and gas, renewable energy, oil field services and environmental services sectors of North America's energy infrastructure. Its management has substantial experience leading successful energy companies and energy infrastructure investments.
