DALLAS, August 9, 2016 /PRNewswire/ — Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, today announced an initial equity commitment of $80 million to Goodnight Midstream (formerly 1804 Operating).
Goodnight Midstream provides trusted water handling and salt water disposal solutions to oil and gas clients in high-growth areas of North America. The committed capital will be used to further develop water gathering and disposal facilities in North Dakota, and to fund Goodnight’s expansion into Texas, and other regions of interest.