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Pipeline partnership to be called Enable Midstream Partners

Enable Midstream Partners LP was revealed Wednesday as the name of the new $11 billion pipeline partnership created by OGE Energy Corp.'s Enogex LLC and CenterPoint Energy Inc.
BY JAY F. MARKS Modified: July 31, 2013 at 7:31 pm •  Published: August 1, 2013

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OGE Energy spokesman Brian Alford said creation of the new firm was not meant to centralize operations or move teams around.

Enable has personnel in Oklahoma City, Houston, Tulsa and Shreveport, La.

“We do not expect that to change,” Alford said. “Any relocations should be minimal.”

Alford also said he expects Enable's Oklahoma City offices to remain at Leadership Square, where Enogex has a long-term lease in place.

Former Enogex President Keith Mitchell was the highest ranking Enable Midstream executive among the nine announced Wednesday. He will serve as the new firm's chief operating officer.

Mitchell is one of four ex-Enogex executives making the switch to Enable Midstream. The others came from CenterPoint.

“We are fortunate to have a tremendous amount of talent in the combined organizations,” McClanahan said. “We are confident the operations management team announced today will provide the leadership necessary to ensure we continue to operate safely, serve our customers and grow our business.”

CenterPoint holds a 58.3 percent limited partner interest in Enable Midstream, with OGE Energy at 28.5 percent and Boston-based ArcLight Capital Partners LLC at 13.2 percent.

An initial public offering of partnership units is expected within the next year.


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