Warburg Pincus leads $600M investment in Zenith Energy, a Houston energy startup

A new Houston energy company focused on terminals and storage is forming with the financial backing of a top New York-based global private equity firm.Warburg Pincus LLC is leading a $600 million investment to support the formation of Zenith Energy in Houston, to be led by Jeffrey Armstrong, who most recently headed corporate strategy at Houston-based Kinder Morgan Inc. NYSE: KMI.

via Warburg Pincus leads $600M investment in Zenith Energy, a Houston energy startup – Houston Business Journal.

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