TopSail Energy announced on July 12, 2016, the company has completed the first acquisition for the newly formed midstream energy company. TopSail acquired a 44-acre undeveloped industrial site in Baytown, Texas with plans to construct a processing facility to recycle and repurpose used motor oil into marketable feedstocks, fuels and additives.

Headquartered in The Woodlands, Texas, TopSail Energy was formed in February 2016 with $100 million initial equity commitment from Tailwater Capital and is focused exclusively on the midstream liquids ...


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