Enterprise announced $3 billion [1] in growth capital expenditure planned for 2027 [2] to expand its infrastructure and export capabilities.
This investment signals a strategic push to increase midstream capacity during a period of high demand. By targeting specific facility completions, the company aims to secure its position in the Permian Basin and improve its ability to move energy products to global markets.
The funding is earmarked for several key projects, including the development of Plant 13 and Frac 15. Enterprise said it targets the completion of Frac 15 in the first quarter of 2028 [4] and Plant 13 in the third quarter of 2028 [3].
These targets were discussed during the company's Q2 2026 earnings call. During the session, Enterprise said the company achieved "record EBITDA" and is now moving toward "higher 2027 CapEx" to sustain that momentum. The company identified the "Permian buildout, exports" as the primary drivers for the increased spending.
The focus on the Permian region highlights a continued reliance on U.S. shale production to fuel growth. By expanding its plant and fracturing infrastructure, Enterprise seeks to reduce bottlenecks that can hinder the flow of natural gas and liquids from the field to the coast.
This capital expenditure plan follows a trend of aggressive infrastructure scaling in the energy sector. The company's timeline suggests a multi-year commitment to scaling operations before the new facilities become fully operational in 2028.
“Enterprise announced $3 billion in growth capital expenditure planned for 2027”
This investment reflects a long-term bet on the continued productivity of the Permian Basin. By aligning a $3 billion spend in 2027 with facility openings in 2028, Enterprise is preparing for a future where export capacity is the primary constraint on growth. This move suggests that the company expects global demand for U.S. energy exports to remain strong enough to justify significant upfront capital risk.
