Pace Global

M&A Advisory for Natural Gas Storage Facility

Clien Need
Client Need:
A major North American natural gas company with access to the WAHA natural gas trading hub in West Texas was looking to determine the strategic value of a natural gas storage facility in support of a potential transaction.


Our Role
Our Role:
Pace Global was retained by the company to perform an independent assessment of key market drivers and a due diligence review of a high deliverability, multi-turn salt cavern natural gas storage facility in the Permian Basin. Pace Global utilized sophisticated and well-developed in-house modeling techniques to provide a robust and comprehensive market and competition assessment to determine the strategic significance of the asset.


Results
Results:
Pace Global provided analysis and recommendations that included a forecast of expected storage rates, a detailed contracting strategy, and an assessment of revenue enhancement opportunities, all of which were used to support a market transaction in 2014.

Pace Global