Announced

Completed

First Infrastructure Capital Advisors acquired WhiteWater Midstream from Denham Capital Management and Ridgemont Equity Partners.

Synopsis

First Infrastructure Capital Advisors acquired WhiteWater Midstream, a provider of transportation services to oil and gas plays, from Denham Capital Management and Ridgemont Equity Partners. Financial terms were not disclosed. Christer Rundlof, CEO of WhiteWater said, “We are very excited about our new partnership with First Infrastructure Capital, who provides us with access to strong construction and operations expertise and access to significant capital to continue to expand the Agua Blanca system and execute other projects under development. WhiteWater is committed to continuing to partner with shippers in the Delaware Basin. Our new sponsor has a long investment horizon that will allow us to continue to manage the asset for the long term.”

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