BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 3.Jun.2026, Words: 280) — Caliche Development Partners III, through its subsidiary Golden Triangle Storage, LLC (GTS), achieved a final investment decision (FID) on the first phase of its Spindletop expansion project in Beaumont, Texas.
The decision by Caliche, a Sixth Street portfolio company, comes shortly after the project received a Federal Energy Regulatory Commission (FERC) certificate of public convenience and necessity, and will be funded through debt financing from MUFG.