Enstor Gas Storage Announces Appointment of Paul Bieniawski as Chief Executive Officer and Masoud Kasraian as President and Chief Commercial Officer
HOUSTON, Aug. 23, 2018 /PRNewswire/ -- Enstor Gas, LLC, an affiliate of ArcLight Capital Partners, LLC, today announced that Paul W. Bieniawski has taken the role of Chief Executive Officer. Also joining the Enstor management team is Masoud J. Kasraian in the role of President and Chief Commercial Officer. Enstor owns and operates underground natural gas storage facilities in the Gulf Coast and Southwest regions of the United States with net working gas storage capacity of 67.5 Bcf.
Prior to joining Enstor, Mr. Bieniawski has over 30 years of experience in hydrocarbon storage and was most recently Chief Executive Officer of Zechstein Midstream B.V. and its subsidiaries. At Zechstein, Mr. Bieniawski led efforts to develop independent midstream infrastructure to serve European markets. Prior to Zechstein, he founded and led Katy Energy Partners, an international energy infrastructure consultancy focused on helping clients find and develop energy assets globally. Mr. Bieniawski's strong energy industry experience includes serving as President and Chief Operating Officer of Bobcat Gas Storage in Louisiana. Mr. Bieniawski received a Bachelor of Science degree in petroleum and natural gas engineering from The Pennsylvania State University.
Prior to joining Enstor, Mr. Kasraian was Chief Commercial Officer at Leaf River Energy Center LLC. He has also served as Chief Commercial Officer at Merchant Energy Holdings and at Bobcat Gas Storage. Prior to joining Bobcat, he was Senior Vice President of Marketing of Lodi Gas Storage, LLC. Mr. Kasraian holds a Ph.D. in Electrical Engineering and an MBA in Finance and Investment from the University of Wisconsin-Madison.
"We are very pleased to welcome Paul and Masoud to Enstor," commented Dan Revers, Founder and Managing Partner of ArcLight. "Paul and Masoud's significant natural gas industry experience, broad leadership capacity, and proven track records position them to lead the execution of Enstor's optimization and growth strategies in gas storage."
"I am excited to join Enstor as CEO," added Mr. Bieniawski. "I look forward to working with the Enstor team at the Katy, Grama Ridge, Freebird, and Caledonia gas storage facilities to build upon Enstor's status as one of the top independent gas storage companies in North America. Our strong reputation as a reliable supplier, coupled with our partnership with ArcLight, position us well to provide high quality services to more natural gas customers."
"We are excited to usher in a new era for Enstor," stated Mr. Revers. "We believe that Paul and the Enstor team are well positioned to drive long-term value creation and move Enstor forward."
Enstor owns and operates underground natural gas storage facilities in the Gulf Coast and Southwest regions of the United States with net working gas storage capacity of 67.5 Bcf. Enstor's natural gas storage facilities access supply from the largest U.S. production basins and are strategically located in market areas which serve growing demand from LNG liquefaction, industrial expansions, power generation and exports to Mexico. For more information, visit www.enstorinc.com.
ArcLight is one of the leading private equity firms focused on energy infrastructure investments. Founded in 2001, the firm helped pioneer an asset-based private equity approach to investing in the dynamic energy sector. ArcLight has invested more than $20 billion in over 100 transactions since inception. Based in Boston, the firm's investment team employs a hands-on value creation strategy that utilizes its in-house technical, operational, and commercial specialists as well as the firm's 850-person asset management affiliate. More information about ArcLight, and a complete list of ArcLight's portfolio companies, can be found at www.arclightcapital.com.