March 2024 Moda Midstream II announces equity commitment from Encap Flatrock Midstream and Moda II co-founders
History of Moda Midstream, LLC
January 2015 Moda incorporated by founding partners with mission to be leading independent logistics provider
March 2015 Moda Midstream receives equity commitment of $750,000,000 from Encap Flatrock Midstream, Encap Investments, management and co-investors
March 2016 Joined with Vopak to create Vopak Moda Houston (VMH) to develop marine terminal on Houston Ship Channel
August 2016 Joined with Ergon to form Ergon Moda St. James, a brownfield crude terminal in one of America’s largest refining markets
August 2018 Moda Midstream acquires Ingleside Energy Center, Taft Terminal, and pipeline assets from Occidental Petroleum
December 2018 First VLCC loaded at Moda Ingleside Energy Center (MIEC)
January 2019 Moda announces 10 million barrel storage expansion and waterfront upgrades at MIEC
June 2019 Moda’s Taft Terminal placed into service
November 2019 Moda announces new marine enhancements that will allow facility to have two VLCC capable berths and one Suezmax capable berth
Late 2019 VMH begins construction of Suezmax dock and infrastructure for petrochemical storage
April 2020 Moda completes delivery of the final 495,000 barrel tank from its 10 million barrel expansion
September 2021 Vopak Moda Houston begins deliveries to industrial gas customers.
October 2021 Enbridge acquires Moda Ingleside Energy Center; Taft Terminal located near MIEC; an interest in the Cactus II Pipeline; Viola Pipeline; and Moda’s St. James Development Project.
December 2021 Vopak Moda Houston terminal is fully operational.
February 2023 Moda and Galveston Bay Foundation announce partnership to establish a coastal wetlands preserve for Galveston Bay
January 2024 Moda completes sale of 50% interest in Vopak Moda Houston Terminal to Exolum
