Raven Appoints Kevin C. Clement to the Board of Managers

4/30/17

Raven Holding Company, LLC held a groundbreaking ceremony yesterday to commemorate the start of construction of "Raven", an on-purpose Ethylene-to-Butene-1 processing facility.

Participants in the groundbreaking ceremony at the project site included senior executives and representatives from the City of Baytown, Partners Group, Quanta Capital Solutions, Inc. (Quanta Capital), a Quanta Services, Inc. company, and Evonik Industries. Raven is being constructed by NorthStar Energy Services, Inc., a Quanta Services company, using proven technology. The project is expected to be completed in the second half of 2018 and, upon commencement of commercial operations, will serve its customers under long-term fee-based offtake agreements. In addition to the initial facility, the Company believes there is ample room on the Raven site for expansion, and discussions with current and potential customers are underway for additional offtake.

The Company also announced the appointment of Kevin C. Clement to its Board of Managers. Mr. Clement has over 35 years of energy industry experience across midstream market sectors of refined products, natural gas, natural gas liquids, crude oil, asphalt and residual fuels. Previously, Mr. Clement has held senior leadership roles with Koch Industries, SemGroup and SandRidge Energy, and served as a board director at NGL Energy Partners. During his career, Mr. Clement has actively led or participated in more than $4 billion in mergers, acquisitions, and divestitures. Mr. Clement holds a Bachelor of Business Administration from the Barton School of Business at Wichita State University.

Todd Bright, Managing Director and Head of Americas for the Partners Group infrastructure investment business, added, "Kevin is a seasoned veteran in the U.S. midstream energy sector, and his experience and insights at the Board level will add tremendous value for Raven as we look forward to building and expanding the project together with our partners."

About the Company

The Company's subsidiary, SBE Chemical Partners I LLC, is the owner of the Raven project. Quanta Capital and funds managed and/or advised by Partners Group are partnering as co-lead financial sponsors for the project.

About Partners Group

Partners Group is a global private markets investment management firm with over EUR 54 billion (USD 57 billion) in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, Denver, Houston, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Milan, Munich, Dubai, Mumbai, Singapore, Manila, Shanghai, Seoul, Tokyo and Sydney. The firm employs over 900 people and is listed on the SIX Swiss Exchange with a major ownership by its partners and employees.

About Quanta Capital

Quanta Capital and its affiliate, First Infrastructure Capital Advisors, LLC, a registered investment advisor, source, structure, and invest in infrastructure projects and companies in the electric power, midstream, downstream, telecommunications, and renewable energy industries. Quanta Capital's previous infrastructure projects include high and medium voltage transmission lines and substations, gathering pipelines and processing facilities, downstream pipeline systems and storage, telecommunications networks, and renewable energy generation in North and Latin America.

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