NeuVentus Announces Open Season for up to 20 Billion Cubic Feet of Gas Storage at the TRU Hub Salt Cavern Storage Project
AUSTIN, Texas & HOUSTON--(BUSINESS WIRE)--May 14, 2025--
NeuVentus, LLC ('NeuVentus'), a Texas energy delivery infrastructure developer, announced today that it is holding a non-binding open season for natural gas storage at its Texas Reliability Underground Hub ('TRU Hub') salt cavern storage project located in Liberty County, Texas.
Bidding Process
The bidding process begins at 9:00 a.m. Central Time on Wednesday, May 14, 2025, and concludes at 5:00 p.m. Central Time on Friday, June 27, 2025. For information regarding TRU Hub's open season and storage capabilities and to submit non-binding bids for storage capacity, all interested parties are invited to contact NeuVentus by emailing [email protected].
Bid Form
The bid notice containing the bid form with details regarding the open season is available on the NeuVentus website at www.neuventus.com/tru-hub/open-season.
About NeuVentus
NeuVentus is a privately-owned developer-owner-operator of pipeline transportation and storage projects. NeuVentus is a wholly owned subsidiary of Lotus Infrastructure Partners. For more information, please visit www.neuventus.com.
About TRU Hub
Located 40 miles east of Houston, Texas Reliability Underground Hub (TRU Hub) is a fully permitted 12-cavern salt storage project, sited at the Moss Bluff salt dome. When fully developed, TRU Hub's 12 salt caverns will represent approximate total capacity of up to 96 billion cubic feet (96 Bcf) of high-deliverability gas capacity, 128 million barrels (128 MMbbls) of liquids storage, or a combination of gas and liquids cavern capacity. TRU Hub will provide access to multiple pipeline interconnections for transportation of stored energy products to multiple customer destinations. For additional details about TRU Hub, please visit https://www.neuventus.com/tru-hub.
About Lotus Infrastructure Partners
Lotus Infrastructure specializes in infrastructure investments including renewable power generation, battery storage, renewable and low-carbon fuels, electric transmission, thermal power, and midstream and downstream assets. Lotus Infrastructure has raised in excess of $3 billion of equity capital and has executed transactions totaling more than $8 billion in enterprise value, inclusive of approximately $2.8 billion in enterprise value related to the development and construction of renewable assets. The Lotus Infrastructure team brings extensive multi-functional expertise to its investments including development, construction, operations, acquisition and financing. Please visit www.lotusinfrastructure.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250514269294/en/
CONTACT: Media Contact:
Redbird Communications
Bevo Beaven
Mobile: 720-666-5064
Email:[email protected]
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY OTHER POLICY ISSUES MARITIME OTHER ENERGY TRANSPORT UTILITIES OIL/GAS ALTERNATIVE ENERGY PUBLIC POLICY/GOVERNMENT ENERGY
SOURCE: NeuVentus, LLC
Copyright Business Wire 2025.
PUB: 05/14/2025 08:00 AM/DISC: 05/14/2025 07:59 AM
http://www.businesswire.com/news/home/20250514269294/en
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