Goodnight Midstream received an additional $500 million-plus in growth capital from Tailwater Capital to allow the produced water infrastructure company to continue to expand. Tailwater attempted to sell a majority stake in Goodnight to another private equity firm, TPG Capital, for $930 million, but the deal collapsed this summer. Today, Goodnight’s facilities and trans-basin pipeline systems in the Delaware basin include more than 700,000 bbl/d of throughput capacity. It also operates in the Midland......
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