In support of its growing business, energy infrastructure company CATS Management Limited has changed its name to Kellas Midstream Limited.
The rebranding reflects how the business has evolved since its inception in 2014, when it was established to acquire and operate the Central Area Transmission System (CATS).
Since then, Kellas has grown its portfolio and now has interests in a number of midstream assets, including 65% equity in the Esmond Transportation System (ETS), and 50% equity in the Humber Gathering System (HGS), the infrastructure that will serve Tolmount, one of the largest undeveloped gas fields in the Southern North Sea.
Andy Hessell, Managing Director of Kellas Midstream said: “We have grown our business over the last four years and have a strategy to continue to invest, grow and build our portfolio of midstream assets. As such, we wanted a new name and brand that would align with our business principles of tenacity, integrity and partnership, more accurately reflect our business as it is today, and support our future growth, which is why we selected Kellas Midstream.
“A Kellas is a type of Scottish wildcat known to be intelligent, fearless, resourceful, patient and agile. We value these characteristics and believe they have played a key role in our success to date. In addition, by rebranding ourselves as Kellas Midstream, we have retained a clear link with CATS and its strong heritage, which is very important to us. CATS was our first asset and continues to be a significant, successful, and much valued part of our business.
“Our name and our brand may have changed, but our strategy, focus and commitment remains the same. We will continue to deliver safe, reliable and innovative solutions for our customers, and growth for our stakeholders, while supporting the industry’s drive to maximise economic recovery in the UKCS.”
Kellas Midstream is owned by European private equity fund manager Antin Infrastructure Partners, and is focused on investing in critical long-life midstream infrastructure, running it safely and efficiently, and seeking to encourage and incentivise further upstream development.
The name change came into effect on 21 December 2018. A new Kellas Midstream website is under development and will be launched by the end of Q1 2019.