Four Ex-El Paso Pipeline Execs, Including Cleary, Join GIP

Global Infrastructure Partners said Wednesday that four former pipeline executives from El Paso Corp. are joining GIP. James Cleary will focus on identifying and managing investments involving natural gas, crude oil and other liquids pipeline assets. He is the former president of El Paso Corp.’s Western Pipeline Group. Joining Cleary are Thomas Price and Pat Johnson, who were both part of the El Paso pipeline executive team, as well as Derek Wedel, a senior engineer.

PRESS RELEASE

Global Infrastructure Partners (GIP) announced today that James Cleary, former President of El Paso Corporation’s Western Pipeline Group, has joined GIP and will focus on identifying and managing investments involving natural gas, crude oil and other liquids pipeline assets. Mr. Cleary, an executive with 25 years of experience in the interstate pipeline industry, will be joined by Thomas Price and Pat Johnson, both of whom had been part of the pipeline executive team at El Paso, and Derek Wedel who had been a senior engineering and construction manager at El Paso.  These senior professionals possess a broad skill set in pipeline management and strategy, marketing, business development, customer service, and pipeline construction, engineering and operations.  Together, this team’s proven knowledge and experience bases will bring a unique capability to GIP.

The executives will be based initially in Colorado Springs, CO and will complement GIP’s existing energy focused investment and operations professionals.

Jim Cleary noted, “With North America’s pressing need for energy to enhance productivity, economic growth and security, this is a very exciting time to be in the energy infrastructure business.  Our team looks forward to helping GIP to invest in and operate assets to provide safe, efficient and reliable energy transportation and services.”

Commenting on the appointments, Matthew Harris, GIP Partner, said, “We are seeing  fundamental changes in the global energy supply/demand balance and the requirement for pipeline infrastructure to meet these changes is significant.  In addition, due to this rapidly changing supply picture, a fundamental understanding of interstate pipeline flows is essential.  We have had the pleasure of working with Jim Cleary, Tom Price, Pat Johnson and the El Paso team since GIP made its investment in Ruby Pipeline in 2009. They are proven and experienced leaders in their industry and we are delighted to have them join GIP.”

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About Global Infrastructure Partners

Global Infrastructure Partners (“GIP”) is an independent infrastructure fund manager that invests
worldwide in infrastructure assets and businesses in both OECD and select emerging market countries. GIP targets investments in single assets and portfolios of assets and companies in power and utilities, natural resources infrastructure, air transport infrastructure, seaports, freight railroad, water distribution and treatment and waste management.  GIP has offices in New York and London, with an affiliate in Sydney and portfolio operations headquarters in Stamford, Connecticut.  For more information, visit www.global-infra.com